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Insurance is offered through insurance agents of HSBC Insurance Agency (USA) Inc., a wholly owned subsidiary of HSBC Bank USA, National Association, and an indirectly wholly owned affiliate of HSBC Holdings plc. Products and services may vary by state and may not be available in all states.
“This is a little clearer than some of the other HSBC smoke and mirrors holding company ideas, until you add insurance to a mortgage policy or they give you forced insurance on an automobile (car) loan” said Household – HSBC Watch consumer advocates. Check out our “How it Works” section for more confusing HSBC structures.
This article, HSBC wholly owned subsidiary, is just one of our articles from our Bank Horror Stories, HSBC Secrets Part 3
Bank Horror Stories monitors banking problems and customer complaints and has done so since 1999. Writers hold no stock positions. Some material is used under the fair use copyright act.
We use Thomson Reuters News Service Calais in all production material but are not associated with Thomson Reuters, banks, or financial institutions in any way.
