what are some of the controversies with hsbc bank?
It was criticized for bad customer service, and for failure to implement proper money laundering controls.
HSBC Bank USA
In 2010, HSBC was rated the worst in customer advocacy by Forrester Research, which asked bank customers to rank their banks. In the national survey of approximately 4,500 banking customers assessing the top 50 banks, in answer to the question: "My financial provider does what’s best for me, not just its own bottom line," HSBC set a new all-time low with a 16% rating, 10% below the previous year. In 2012, the U.S. government uncovered a "blatant failure to implement proper anti-money laundering controls facilitat[ing] the laundering of at least $881 million in drug proceeds through the U.S. financial system".
who lives on the 50th floor at trump tower Todd Brassner, an art dealer used to live there who owns the tower? Donald Trump and the Trump Organization who is the architect of the tower? Der Scutt name a few of his projects? The Corinthian luxury condominium and the HSBC Bank USA headquarters in New York City, and the Grand Hyatt New York are some of them.
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HSBC Bank USA [SEP] Controversies
In 2010, HSBC was rated the worst in customer advocacy by Forrester Research, which asked bank customers to rank their banks. In the national survey of approximately 4,500 banking customers assessing the top 50 banks, in answer to the question: "My financial provider does what's best for me, not just its own bottom line," HSBC set a new all-time low with a 16% rating, 10% below the previous year. In 2012, the U.S. government uncovered a "blatant failure to implement proper anti-money laundering controls facilitat[ing] the laundering of at least $881 million in drug proceeds through the U.S. financial system".