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Archive for » July, 2009 «

When HSBC thought it was fashionable to look for profits in the Middle East, many people thought economic woes in the US and UK could not touch Arab nations. In fact, newspaper report orginally stated that the Middle East did not suffer from the world economic crisis. That is not true.

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This information is not yet confirmed with other sources: Just heard that Tom Detelich resigned from HSBC on Friday 7/10/2009. Can anyone confirm or deny this information?

I have read many articles on here, and I am impressed I have to say!

Something else to consider:

HSBC is indicating that they are trying to weed out the bad performers, right? Ok, right!

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Has HSBC impacted your credit score? If HSBC reduced your available credit to what you owe plus one dollar, the bank certainly effected your credit score.

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Should China have a global currency? What is HSBC’s stake? China is beginning an ambitious scheme to raise the role of the renminbi in international trade and finance and to reduce reliance on the US dollar,” said Qu Hongbin, China chief economist at HSBC.

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