Red China to bid for HBOS?

amcluesent

Chinese banking giant Bank of China is looking at a potential bid for UK lender HBOS, BBC business editor Robert Peston has reported.

Bank of China, the giant Chinese bank, is the mystery bank that Jim Spowart and European American Capital hope will make an offer for HBOS to stymie the takeover bid from Lloyds TSB.

itsnothing

And lets hope it happens!!

neil324

Would'nt be surprised with the pound being so low.

purch

Why would anyone refer to China as "Red China" ??

Are we still living in the 1950's ??? :eek:

[Deleted User]

they would be very meticulous. Not a bad thing

miserable_ol_so_n_so

neil324 wrote: »

Would'nt be surprised with the pound being so low.

....and they have all the money we gave, including mine, to buy cheap electronics goods.....mostly because our own goods were too expensive in comparison.......but then they would be (our goods more expensive that is),....cos they dont have national insurance, no uniform business rates......no health and safety breathing down their necks......

amistupid

amcluesent wrote: »

Chinese banking giant Bank of China is looking at a potential bid for UK lender HBOS, BBC business editor Robert Peston has reported.

I'm concerned about the fragility of a Bank of China.
I hope it's just another storm in a teacup.

napoleon

Let them have hbos. lloyds tsb shareholders will breathe a sigh of relief.

miserable_ol_so_n_so

napoleon wrote: »

Let them have hbos. lloyds tsb shareholders will breathe a sigh of relief.

what if anything is wrong with hbos?.....compared to all other banks.....theyre all shaky.....

napoleon

Thay have alot more debt than the other banks and they can't refinance it. Their share price doesn't lie.

m00

amistupid wrote: »

I'm concerned about the fragility of a Bank of China.
I hope it's just another storm in a teacup.

Concerned about what about a bank in China?

China has more reserves than Briton and most certainly can support anything its banks want to do.

I think you should be more concerned with Santander and the falling Spanish housing market than of Bank of China.

As for the Red China part..... Not like it isnt Red Gordon at the minute.....!