HSBC: Asia flying

In Banks on 02/03/2011 at 7:41 am

HSBC said its Asian operations can sustain return on equity of as much as five percentage points above the lender’s global target as growth outpaces other regions. It’s global target is 15%.

Bloomberg report.

BTW the 2008 financial crisis enabled me to double my holdings in HSBC via its rights issue. But there were times when my balls shrunk.

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