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When bailiffs are already chasing 5bn [pounds sterling] in debts, it seems odd for the Royal Mail, an arm of the state, to launch yet another credit card.
Just as everyone finally agrees that personal borrowing has ballooned dangerously out of control, a major arm of the state announces plans to launch ......(Continue Reading) The business: at the HSBC extraordinary general meeting, the directors' level of absenteeism was 48 per cent. Would this be tolerated in an HSBC branch
I witnessed absenteeism on an epic scale the other day. This was not common-or-garden truanting, as practised by the ordinary British worker. No, this ......(Continue Reading)HSBC - North America Appoints Joseph W. Hoff Chief Executive Officer for Retail Services Business; Will Lead Company's Private Label Credit Card Business
PROSPECT HEIGHTS, Ill., March 22 /PRNewswire/ -- HSBC - North America announced today the appointment of Joseph W. Hoff as chief executive officer of the company's retail services business, effect...(Continue Reading)The business: prepare for another festival of hatred against the banks, as they announce record annual pre-tax profits totalling [pounds sterling]25bn.
Banks are universally disliked. I remember a news magazine cover in Australia a few years ago that carried the headline: "Why the banks are bastards"....(Continue Reading)HSBC charges into the U.S.: the London bank sees the U.S. as one of the world's ripest targets
At a recent HSBC board meeting, Sir John Bond stood up in front of the bank's directors to deliver a detailed report on a subject of considerable importance: ......(Continue Reading)
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