Talk:HSBC Finance/Archives/2020

Latest comment: 4 years ago by MaxEnt in topic Non-glossy gloss


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Non-glossy gloss

Talk about bury the lead.

HSBC Finance Corporation was formed from the legal entity that had been known as Household International—shortly after Household International settled for US$486 million in charges pertaining to predatory lending, after burning through $389 million in legal fees and expenses[Stanford Law School wall of shame]and is now expanding its consumer finance model via the HSBC Group to Brazil, India, Argentina and elsewhere.

One would think the origins of HSBC Finance Corporation in as a thoroughly stressed asset (and its prompt reform) would be mentioned before the glad expansion.

I'm recording this here in case of prompt revision, because the problem exists either way. — MaxEnt 19:49, 22 September 2020 (UTC)