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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 employee reports theft and gets fired

Same thing happened to me this week. 10 year employee with 8 years managing. I reported a problem AE that was stealing from company. They suspended him last Tuesday and fired him on Friday. On Wednesday they suspended me for further “investigation” and ultimately terminated me on Monday due to alleged insurance violation that I had already been cleared of back in June 2008. In my 10 years I was never on even a warning for any wrong doing or a corrective action of ANY kind. I spoke with a QAC in another part of county and it was stated that NEVER had he seen anyone fired for this kind of allegation. I’ve always been the company girl — and this is how it ends. These people are nuts.

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