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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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Who remains at HFC and Beneficial offices?

One reader asked “Rumour has it that all the HFC and Beneficial offices have laid almost everyone off. They are just keeping a manager and receptionist. Are there any truth to the rumors?”

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