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HSBC is cutting back in the U.S. after its 2003 purchase of Household International Inc. required it to set aside more than $65 billion for bad loans

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HSBC cutbacks and demotions in Florida

The reports were correct. Just got informed of office closures in my state, Florida, and DSM asked to step down to BSM’s. Ladies and gents its not looking good at all. Heard that Florida will only have 40 offices, about half of what it used to be a little more than a year ago.

Posted By Timothy Blake

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UPDATE NOTE: HSBC car loans were sold to Santander USA in 2010 :: Most HSBC credit cards became Capital One credit cards in 2012 :: HSBC horrible predatory home mortgages are in run-off