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So, HSBC got hit with a $1.9B fine today for laundering money. Who thinks that CLIs will be put on hold and CLs will be reduced?? I do, I do!!
not to worry, most of the cards that were HSBC are now with Capital 1
Yeah even my HSBC collection accounts turned into Capital One accounts. I wonder if this money laundering thing had anything to do with the sale...I assume not because your books get combed during a sale like that.