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HSBC changes approach again

HSBC changes focus again according to and article published this morning. HSBC Private Bank has abandoned its bullish stance on emerging market equities for fear that they will be hit by rising inflation and a downturn in prospects for their exports to developed economies. HSBC has been bullish on emerging markets for […]

Household International 1999 to 2002 - Lies and Deceit

Take a look at William Aldinger’s Household International from 1999 through 2002.
From March 9, 1999 — The Board of Directors of
Household International, Inc. (NYSE:HI) today authorized the
repurchase of up to $2 billion worth of the company’s outstanding
common shares. At current prices, this would represent over
10 percent of the company’s outstanding shares. Purchases will
occur […]

HSBC plans expanded operations in Viet Nam

HSBC plans to further expand its operations in Viet Nam to meet demand for the country’s impressive economic growth, said Chairman of the Hong Kong and Shanghai Banking Corporation Ltd. Vincent Cheng.

He made the comments on Wednesday in Ha Noi at a meeting with Deputy Prime Minister Nguyen Tan Dung, saying that his first visit […]