Comment on H&R Block Shares Drop After HSBC Contract Nixed

H&R Block Shares Drop After HSBC Contract Nixed

KANSAS CITY, MO. (TheStreet) -- H&R Block shares plunged on news that HSBC will not resume offering refund anticipation loans (RALs) to the tax preparation firm's clients as the tax season gets underway. The Office of the Comptroller of the Currency has apparently prohibited HSBC from offering refund anticipation products.

 

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