Tag Archives: Federal Reserve

HSBC subprime bad loans continue to hurt

November 22, 2011 – 7:37 AM

All is not rosy at HSBC. Bad debts in the US continue to rise, while regulators extended the open comment period on HSBC’s proposed sale of the banks credit card business to Capital One.

By Timothy Blake | Posted in HSBC | Also tagged , , , , , | Comments Off

Wells Fargo paying record fine of $85 million over loan practices

July 21, 2011 – 12:57 AM

By George Avalos Contra Costa Times Posted: 07/20/2011 08:21:45 PM PDT Updated: 07/20/2011 08:21:50 PM PDT

By Timothy Blake | Posted in Wells Fargo | Also tagged , , , | Comments Off