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HSBC circling the drain
beaujolais-nouveau
Posts: 651 Forumite
Which PR genius, I wonder, said: on the day we announce that our profits have fallen by nearly two-thirds, and we are going to cut dividends and close down our US network (6,100 jobs lost), we'll announce a £12.5bn rights issue and people will rush to buy more HSBC shares instead of selling what they have in a panic.
According to the FT, three-quarters of HSBC's loan book was/is in the "benighted" US and UK.
How much of HSBC's deposits were in HK dollars; these deposits now pay 0 per cent interest, so not much chance of any new deposits.
According to the FT, three-quarters of HSBC's loan book was/is in the "benighted" US and UK.
How much of HSBC's deposits were in HK dollars; these deposits now pay 0 per cent interest, so not much chance of any new deposits.
YouGov: £50 and £50 and £5 Amazon voucher received;
PPI successfully reclaimed: £7,575.32 (Lloyds TSB plc); £3,803.52 (Egg card); £3,109.88 (Egg loans)
PPI successfully reclaimed: £7,575.32 (Lloyds TSB plc); £3,803.52 (Egg card); £3,109.88 (Egg loans)
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Comments
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Shorting 'em?0
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amcluesent wrote: »Shorting 'em?
I read that too.0
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