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Old 07-03-2011, 13:26   #25
Pierre
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Re: HSBC Move To Hong Kong 'Likely'

Quote:
Originally Posted by Chris View Post
... And it would leave those institutions with all the headaches that come with a major international move, such as loss of expertise and the hard cost of moving. They all say they could do it, and they talk up the mobility of their top people, but if it were that easy they would be actually doing it, and not petulantly mumbling about it.
It would be very short sighted to think that any company (banking or otherwise) are tied to this country because it would be a logistical "headache" to ship out.

If the numbers stack up, they will move and that is the bottom line.

It's accountants that run all companies nowadays and they only see numbers - nothing else.

---------- Post added at 12:26 ---------- Previous post was at 12:25 ----------

Quote:
Originally Posted by papa smurf View Post
its worthless sabre rattling - ignore them and they'll fall into line .
Blind faith, I really hope the government don't take that line.
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