Add Me!Close Menu Navigation

Your HSBC Watchdog

Add Me!Open Categories Menu

Currently Browsing

05 HSBC – U.S.

Comments Off

HSBC Moves in Iraq, Abuses Military in U.S.

HSBC Bank Plc came under fire for abusing the United States military, primarily through HSBC Finance Corporation which is former predatory lender Household International. Specific complaints of abuse come as no surprise to Household – HSBC Watch consumer advocates. The watchdog organization performs trend analysis, a project that charts detailed [...]

Boston Legal Hits Credit Card Companies Hard

A Tuesday night episode of Boston Legal exposed the credit card industry for what they really are. When any industry goes beyond what is reasonable and prudent in the interest of profit it is a travesty. Boston Legal put the industry on prime time for what they really are, but [...]

Comments Off

HSBC Bank USA’s parent reports 25.7 percent decline in profits

By JONATHAN D. EPSTEIN News Business Reporter 11/16/2005 Profits at the New York-based parent of HSBC Bank USA fell again in the third quarter, as the growing relationship between HSBC Bank USA and former consumer finance company Household International continues to take a toll on the local bank’s earnings. HSBC [...]

Comments Off

HSBC Finance Corp Income Down, Excuses Don’t Add Up

As predicted by our analysts here at Household – HSBC Watch, HSBC’s predatory profit is down. But first, read this article from Saturday, October 1st 2005 in which HSBC said less than one percent of accounts were effected by hurricane Katrina. Now read the newest news release below. Who is [...]

Comments Off

HSBC Wants Money, Pays Higher Rates

HSBC Bank USA has officially launched a new online savings account, offering an unusual 4 percent interest rate and no monthly fee in a bid to attract a nationwide customer base. The new account from the Delaware-based bank, which has the largest market share in Western New York, is the [...]

HSBC USA Fail

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

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