Short complaints

The Office of Fair Trading, which prosecutes financial crimes in the U.K., reached an agreement with HSBC Holdings Plc, Royal Bank of Scotland Group Plc and six other banks on overdraft fees, while earlier this month another watchdog said it would limit how banks sell some forms of payment insurance. The regulatory overhaul being crafted …

HSBC and Deutsche Bank align once again

Bloomberg recently said “Deutsche Bank AG Chief Executive Officer Josef Ackermann and HSBC Holdings Plc Chairman Stephen Green are among bankers with a new ally in their tug of war with politicians over stricter rules: Europe’s sovereign-debt crisis.” Lets look at these two banks in America. HSBC was one of the top ten subprime lenders, …

HSBC Chairman Green nominated by Confederation of British Industry

HSBC Holdings Plc Chairman Stephen Green has been nominated to become deputy president of the Confederation of British Industry, the business lobby group. CBI members will vote on May 24 on his nomination with a view to his succeeding Helen Alexander as president on June 1, 2011, for two years, the CBI said in an …

Advocates submit 212 HSBC complaints to investigators for 2007

The following complaints about HSBC, received from individuals around the country, should be considered as allegations only. We make no effort to investigate the validity of complaints submitted by customers and non-customers. Instead we monitor complaints such as these for trends that can be verified, just as we did before Household International was charged with …