Showing posts with label damaged. Show all posts
Showing posts with label damaged. Show all posts

Wednesday, November 19, 2008

HSBC Management Credibility Damaged, No Insurance Deal

HSBC has big ambitions to expand into insurance, but after the American sub-prime mortgage fiasco, management’s credibility is still too damaged to attempt a major deal. Eventually there might be such a moment.

householdwatch.com/news/interactive/79