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Best Buy HSBC complaint and debt cancellation fee scam

December 1, 2011 – 12:52 PM

Black Friday resulted in great sales figures for electronics retailer Best Buy. We shudder when thinking of how many people used a Best Buy credit card or opened a Best Buy credit card account. Hint – the bank is HSBC, and the card is issued by HSBC NV. Here is a complaint from MK in [...]

By Timothy Blake | Posted in Customer Complaints | Also tagged BBB, Best Buy, debt cancellation fee, electronics retailer, Federal Trade Commission, HSBC NV, manager, Marine Corps, Nevada, United States Marine Corps | Comments (2)

Job cuts hit hard in lending and mortgage industry

July 28, 2011 – 6:27 AM

HSBC said it will also sell, shut or slim down retail operations in 39 markets, where operations are sub-scale and unprofitable and is looking to sell its U.S. credit card arm and shrink its network of 475 U.S. branches.

By Timothy Blake | Posted in Goldman Sachs, HSBC | Also tagged Credit Suisse, firings, Goldman Sachs, HSBC, job, layoffs, Lloyds, release, retail banking arm, retail operations, Standard Chartered, State Street Corp, terminate, UBS | Comments Off