Quote:
Originally Posted by iglu
From what I hear Barclays is in trouble, it borrowed money on twice on on an emergency basis. HSBC seems to be doing relatively well, as a predominantly (22% of its profits) Chinese Bank has invested heavily in China and Hong Kong and that's +150% the last two years, ok it was +210% in November 2007 but....
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I wouldnt excatly say they are in troble. 1% less profit than last year, but still 7.08bn isnt too bad.
http://news.bbc.co.uk/1/hi/business/7252060.stm