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<channel>
	<title>The HSBC Monitor</title>
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	<link>http://hsbcwatch.com/hsbcnews</link>
	<description>Part 2 - News and Complaints Behind the Scenes</description>
	<lastBuildDate>Mon, 14 May 2012 15:36:26 +0000</lastBuildDate>
	<language>en</language>
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		<item>
		<title>HSBC Recklessly Forecloses on Active Duty Military</title>
		<link>http://hsbcwatch.com/hsbcnews/news/hsbc-recklessly-forecloses-on-active-duty-military</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/hsbc-recklessly-forecloses-on-active-duty-military#comments</comments>
		<pubDate>Sat, 21 Apr 2012 15:45:06 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[boycott]]></category>
		<category><![CDATA[dump HSBC]]></category>
		<category><![CDATA[HSBC Foreclosure]]></category>
		<category><![CDATA[HSBC Mortgage Services]]></category>
		<category><![CDATA[military abuse]]></category>
		<category><![CDATA[Servicemembers Civil Relief Act]]></category>

		<guid isPermaLink="false">http://hsbcwatch.com/hsbcnews/?p=1369</guid>
		<description><![CDATA[A new suit, filed in U.S. District Court in Minnesota accuses Illinois-based HSBC Mortgage Services of violations of the Servicemembers Civil Relief Act, signed into law in 2003 as a way of easing the economic and legal burdens on military personnel called to service. News of the suit was published April 21, 2012 in the<a href="http://hsbcwatch.com/hsbcnews/news/hsbc-recklessly-forecloses-on-active-duty-military" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://hsbcwatch.com/hsbcnews/news/hsbc-recklessly-forecloses-on-active-duty-military/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Judge fines HSBC in foreclosure case</title>
		<link>http://hsbcwatch.com/hsbcnews/news/judge-fines-hsbc-in-foreclosure-case</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/judge-fines-hsbc-in-foreclosure-case#comments</comments>
		<pubDate>Fri, 20 Jan 2012 14:38:42 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Subprime]]></category>
		<category><![CDATA[Arthur M. Schack]]></category>
		<category><![CDATA[attorney]]></category>
		<category><![CDATA[bank spokesperson]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[head]]></category>
		<category><![CDATA[Irene M. Dorner]]></category>
		<category><![CDATA[Judge]]></category>
		<category><![CDATA[New York Supreme Court]]></category>
		<category><![CDATA[same judge]]></category>
		<category><![CDATA[USD]]></category>

		<guid isPermaLink="false">http://hsbcwatch.com/hsbcnews/?p=1273</guid>
		<description><![CDATA[A New York Supreme Court judge imposed a $10,000 fine on HSBC and a $5000 sanction on a law firm in a foreclosure case. The judge was the same judge that threatened Irene Dorner, head of HSBC USA, back in July. Dorner was ordered to appear in court. The judge did not fine HSBC USA<a href="http://hsbcwatch.com/hsbcnews/news/judge-fines-hsbc-in-foreclosure-case" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://hsbcwatch.com/hsbcnews/news/judge-fines-hsbc-in-foreclosure-case/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>An Obituary for HSBC Consumer Finance</title>
		<link>http://hsbcwatch.com/hsbcnews/news/an-obituary-for-hsbc-consumer-finance</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/an-obituary-for-hsbc-consumer-finance#comments</comments>
		<pubDate>Thu, 05 Jan 2012 22:32:25 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[General News]]></category>
		<category><![CDATA[America]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[Chicago Tribune]]></category>
		<category><![CDATA[consumer finance]]></category>
		<category><![CDATA[Household International]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[JP Morgan]]></category>
		<category><![CDATA[predatory lender]]></category>
		<category><![CDATA[queen , but credit cards were all good]]></category>
		<category><![CDATA[Wells Fargo]]></category>

		<guid isPermaLink="false">http://hsbcnews.lenderwatch.org/?p=1262</guid>
		<description><![CDATA[What happens when HSBC dives in to subprime, takes a huge multibillion dollar loss, turns tail and runs away from customers, and alienates as many US citizens as possible? Wells Fargo has become the largest Western bank when measured by its stock market value after it leapfrogged rivals HSBC and JP Morgan last year. I<a href="http://hsbcwatch.com/hsbcnews/news/an-obituary-for-hsbc-consumer-finance" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>World Banking World Fraud by John Cruz</title>
		<link>http://hsbcwatch.com/hsbcnews/news/world-banking-world-fraud-by-john-cruz</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/world-banking-world-fraud-by-john-cruz#comments</comments>
		<pubDate>Sun, 27 Nov 2011 16:50:48 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[History]]></category>
		<category><![CDATA[cash withdrawals]]></category>
		<category><![CDATA[falsified notarized documents]]></category>
		<category><![CDATA[falsified tax returns]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[identity theft]]></category>
		<category><![CDATA[illegal banking practices]]></category>
		<category><![CDATA[illegal money transfers]]></category>
		<category><![CDATA[phony company creation]]></category>
		<category><![CDATA[wires]]></category>
		<category><![CDATA[world banking]]></category>
		<category><![CDATA[world fraud]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/?p=1215</guid>
		<description><![CDATA[Here at Household Watch we got our start monitoring and writing about predatory lender Household International. Then HSBC bought the predator, thus we have almost eight years of HSBC material. Now a new book by a former HSBC insider brings new material to light. It does not shock us at all. John Cruz just released<a href="http://hsbcwatch.com/hsbcnews/news/world-banking-world-fraud-by-john-cruz" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>You can challenge your HSBC foreclosure says OCC</title>
		<link>http://hsbcwatch.com/hsbcnews/news/you-can-challenge-your-hsbc-foreclosure-says-occ</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/you-can-challenge-your-hsbc-foreclosure-says-occ#comments</comments>
		<pubDate>Wed, 02 Nov 2011 13:01:35 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[General News]]></category>
		<category><![CDATA[challenge]]></category>
		<category><![CDATA[compensation]]></category>
		<category><![CDATA[errors]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[misrepresentation]]></category>
		<category><![CDATA[review]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/?p=1190</guid>
		<description><![CDATA[US officials have launched an independent review process in which individuals can challenge foreclosures carried out by HSBC and other lenders / servicers. Independent consultants would assess if borrowers lost out financially &#8220;through errors, misrepresentations or other deficiencies in foreclosure practices,&#8221; the Office of the Comptroller of the Currency said Tuesday. Where that is the<a href="http://hsbcwatch.com/hsbcnews/news/you-can-challenge-your-hsbc-foreclosure-says-occ" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://hsbcwatch.com/hsbcnews/news/you-can-challenge-your-hsbc-foreclosure-says-occ/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Investor files FINRA claim against HSBC</title>
		<link>http://hsbcwatch.com/hsbcnews/news/investor-files-finra-claim-against-hsbc</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/investor-files-finra-claim-against-hsbc#comments</comments>
		<pubDate>Tue, 27 Sep 2011 09:57:38 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[General News]]></category>
		<category><![CDATA[bond]]></category>
		<category><![CDATA[derivative]]></category>
		<category><![CDATA[FINRA]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[misrepresented]]></category>
		<category><![CDATA[mortgage backed security]]></category>
		<category><![CDATA[risks]]></category>
		<category><![CDATA[Washington Mutual]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/?p=1187</guid>
		<description><![CDATA[FT. LAUDERDALE, Fla., Sept 26, 2011 /PRNewswire/ &#8212; A Honduran investor has filed claim against HSBC alleging that an investment described as a &#8220;Washington Mutual&#8221; perpetual bond was not a bond at all, but a derivative mortgage backed security, created by Washington Mutual, to take toxic home equity loans off its books. The claim, filed<a href="http://hsbcwatch.com/hsbcnews/news/investor-files-finra-claim-against-hsbc" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://hsbcwatch.com/hsbcnews/news/investor-files-finra-claim-against-hsbc/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>HSBC Household not registered to do business in Alabama?</title>
		<link>http://hsbcwatch.com/hsbcnews/news/hsbc-household-not-registered-to-do-business-in-alabama</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/hsbc-household-not-registered-to-do-business-in-alabama#comments</comments>
		<pubDate>Sun, 11 Sep 2011 12:35:51 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[General News]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[default judgement]]></category>
		<category><![CDATA[Household]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[licensed]]></category>
		<category><![CDATA[recovery services]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/?p=1184</guid>
		<description><![CDATA[LM in Alabama asks: &#8220;Looks like HSBC a/a/o Household Finance Corp of Alabama in 2008 and 2009 have numerous lawsuits which resulted in consent judgments and default judgments against the debtors. The interest rates in the consent judgments are exorbitant, and many of the complaints start as HSBC is a DE corporation with an address<a href="http://hsbcwatch.com/hsbcnews/news/hsbc-household-not-registered-to-do-business-in-alabama" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://hsbcwatch.com/hsbcnews/news/hsbc-household-not-registered-to-do-business-in-alabama/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>HSBC decisions reflect current economic woes</title>
		<link>http://hsbcwatch.com/hsbcnews/news/hsbc-decisions-reflect-current-economic-woes</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/hsbc-decisions-reflect-current-economic-woes#comments</comments>
		<pubDate>Sun, 11 Sep 2011 12:31:55 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Afterthoughts]]></category>
		<category><![CDATA[Household International]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[Illinois]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[layoffs]]></category>
		<category><![CDATA[Wood Dale]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/?p=1181</guid>
		<description><![CDATA[WK in Illinois said &#8220;I have followed HSBC/Household Watch for some time and I spent 10 years there as an employee before I was &#8220;retired&#8221; in 2006. It is interesting to read accounts about how HSBC deemed the purchase of Household International a bad decision. It&#8217;s nice of them to finally admit it. Over the<a href="http://hsbcwatch.com/hsbcnews/news/hsbc-decisions-reflect-current-economic-woes" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>HSBC loses Gulliver successor to BlackRock</title>
		<link>http://hsbcwatch.com/hsbcnews/news/hsbc-loses-gulliver-successor-to-blackrock</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/hsbc-loses-gulliver-successor-to-blackrock#comments</comments>
		<pubDate>Sat, 10 Sep 2011 05:22:44 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Jobs and Layoffs]]></category>
		<category><![CDATA[Blackrock]]></category>
		<category><![CDATA[global banking]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[Stuart Gulliver]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/?p=1178</guid>
		<description><![CDATA[Mark McCombe, the chief executive of HSBC Hong Kong and regarded as a potential successor to Stuart Gulliver, group chief executive, is leaving the bank to head BlackRock Asset Management&#8217;s Asia business. The bank said on Friday that Anita Fung, most recently the head of global banking and markets for Asia-Pacific, will take over as<a href="http://hsbcwatch.com/hsbcnews/news/hsbc-loses-gulliver-successor-to-blackrock" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>HSBC loses tax fraud court battle</title>
		<link>http://hsbcwatch.com/hsbcnews/news/hsbc-loses-tax-fraud-court-battle</link>
		<comments>http://hsbcwatch.com/hsbcnews/news/hsbc-loses-tax-fraud-court-battle#comments</comments>
		<pubDate>Thu, 25 Aug 2011 10:20:53 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[General News]]></category>
		<category><![CDATA[database]]></category>
		<category><![CDATA[Evafisc]]></category>
		<category><![CDATA[Geneva]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[Swiss]]></category>
		<category><![CDATA[Switzerland]]></category>
		<category><![CDATA[tax fraud]]></category>

		<guid isPermaLink="false">http://householdwatch.com/monitor/?p=1175</guid>
		<description><![CDATA[One of France&#8217;s highest courts rejected a plea on Wednesday by a Swiss unit of HSBC bank that a French government database of citizens holding bank accounts abroad should be blocked as an excess of power. In the decision, the Council of State said that the budget ministry in 2009 had the authority to create<a href="http://hsbcwatch.com/hsbcnews/news/hsbc-loses-tax-fraud-court-battle" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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