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Thread: HSBC backing away from South African Nedbank: report

  1. #1

    Default Article: 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....Nedbank-report
    Last edited by jes; 15-10-2010 at 01:00 PM.

  2. #2
    Super Grandmaster DreamKing's Avatar
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    oh....... no.........
    Former freedom fighter, now hero of the Republic, Sir Juliass Mallama was always telling the public: "I am not a joke, I am a jerk."
    What is ANC? Answer

  3. #3
    Super Grandmaster SinghDude's Avatar
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    pity those that bought Nedbank and/or OM shares...stock just dipped
    "The success you are enjoying today is the result of the price you have paid in the past."

  4. #4

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    Nedbank down 7.5% and OML down 5% at the moment..
    Allocate. Apportion. Absorb.

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    Super Grandmaster genetic's Avatar
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    Somehow I think this is a good thing.

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    Super Grandmaster DreamKing's Avatar
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    Quote Originally Posted by genetic View Post
    Somehow I think this is a good thing.
    yes I think "border close" is also a good thing.
    Former freedom fighter, now hero of the Republic, Sir Juliass Mallama was always telling the public: "I am not a joke, I am a jerk."
    What is ANC? Answer

  7. #7
    Super Grandmaster genetic's Avatar
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    Border close??

  8. #8
    Super Grandmaster SinghDude's Avatar
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    Stocks are also based on speculation.... Could have still made a killing buying and selling at the right time
    "The success you are enjoying today is the result of the price you have paid in the past."

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