View Full Version : HSBC backing away from South African Nedbank: report
HSBC's pursuit of the South African bank was largely driven by outgoing chief executive Michael Geoghegan, who was keen to expand the Asia-heavy institution's footprint into fast-growing Africa.
You can view the page at http://mybroadband.co.za/vb/content.php/1186-HSBC-backing-away-from-South-African-Nedbank-report
DreamKing
15-10-2010, 01:01 PM
oh....... no......... :eek:
SinghDude
15-10-2010, 01:32 PM
pity those that bought Nedbank and/or OM shares...stock just dipped
mass09
15-10-2010, 03:16 PM
Nedbank down 7.5% and OML down 5% at the moment..
genetic
15-10-2010, 03:17 PM
Somehow I think this is a good thing.
DreamKing
15-10-2010, 03:26 PM
Somehow I think this is a good thing.
yes I think "border close" is also a good thing. :wtf: :rolleyes:
genetic
15-10-2010, 04:20 PM
Border close?? :confused:
SinghDude
18-10-2010, 08:35 AM
Stocks are also based on speculation.... Could have still made a killing buying and selling at the right time