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HSBC gives financial help in Malaysia

MALAYSIAN students in need of financial aid are invited to apply for scholarship awards by HSBC Bank Malaysia. This is the fourth consecutive year that the bank is offering scholarships to students from the lower income group. To be eligible for the HSBC scholarship, students must be aged between 18 and 25 years.

“We’ve been asking regulators and authorities to stop predatory practices in the Uniteds States by HSBC Finance Corporation” said a member of consumer advocacy organization Household – HSBC Watch. “Right now it appears as though the profits are going around the world.”

Posted By Timothy Blake

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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

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