The FTSE fell to its lowest point since 2005, following a horrific day on Wall Street which saw the DJIA drop 449. On the FTSE for September 18, 2008, Lloyds TSB was flat, while HBOS sank. HSBC and Royal Bank of Scotland lost 4.6 and 10.4 per cent respectively. British bank […]
(Note: A November 2007 update to this article is here)
Typically with mergers and acquisitions a 10 percent layoff is seen across the board immediately. We haven’t seen it at Household - HSBC yet. But the acquisition is now complete, names have been changed and the predator has been digested by HSBC. […]
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An open letter to HSBC, Knight Vinke and Stephen Green
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