HSBC - Household Merger

Discussion in 'Credit Talk' started by boomer, May 30, 2003.

  1. boomer

    boomer Well-Known Member

    Does nayone know whether Household cards will be replaced with HSBC cards or will Household continue to operate as a part of HSBC?
     
  2. alent1234

    alent1234 Well-Known Member

    Not sure, but I'm guessing they will be replaced with HSBC cards over the next few years. My bank was bought out by HSBC a few years ago and it was like being assimilated by the borg, just like most bank mergers. The big question is why did HSBC who avoids sub-prime like the plague buy out a lender with a huge sub-prime customer base?
     

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