HSBC and Standard Chartered Bank will pay big fines to resolve U.S. government investigations into lax money-laundering compliance practices.
HSBC is facing questions from lawmakers about some of the bank’s shady clients linked to global terrorism and drug cartels.
It’s not Pulitzer-worthy, but the new credit card agreements from some issuers deserve a little recognition. CreditCards.com reported Monday that several large issuers — including Chase, HSBC, Discover and Citi — are rewriting their card contracts in simpler, plainer English that every Joe can read and understand. The multipage contracts that consumers get when they
More Americans are giving their credit cards a thumbs-up this year. Credit card satisfaction rose for the second year in a row, according to a J.D. Power and Associates study released Thursday. The study considers six factors: interaction; credit card terms; billing and payment process; rewards; benefits and services; and problem resolution. Overall, credit card
What’s in your wallet? Some HSBC credit card holders in the U.S. may find a Capital One credit card in theirs next year. On Wednesday, HSBC, Europe’s biggest bank, said the “viking” company is buying its U.S. credit card business for $2.6 billion. HSBC’s approximately $30 billion credit card portfolio includes its MasterCard, Visa, private label