Add Me!Close Menu Navigation

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

Add Me!Open Categories Menu

Currently Browsing

Posts Tagged ‘ Beneficial Finance ’

22 June
Posted in General News
Comments Off

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 [...]

5 December
Posted in General News
Comments Off

HSBC exposes sensitive bankruptcy data

Acording to the Attorney General of New Hampshire HSBC exposed sensitive bankruptcy data. Some customers of the following HSBC companies are affected: HSBC Taxpayer Financial Services, Beneficial New Hampshire and Household Finance Corporation. According to documents filed Thursday with the New Hampshire Attorney General’s office, HSBC failed to completely redact [...]

1 November
Posted in Jobs and Layoffs
Comments Off

Does Wells Fargo want HSBC Finance?

This report came in a few moments ago. There is no way, at this time, to confirm or deny the accuracy of the report. So, at the end of a long week, here it is: “Just found out that the restructuring of offices is to get us ready to sell [...]

30 October
Posted in Jobs and Layoffs
Comments Off

17 year DSM suddenly gone from HSBC

I’m an AE on the Atlantic Coast (as specific as I want to get) and was informed that my DSM who worked for the company for over 17 years is no longer employeed anymore. When anyone asked “why, what happened?”, it was it was No One knows anything hush hush [...]