Wednesday, Oct 07, 2009
… too little too late?
Greg Pytel: Apology from the bankers
A sense of reality is finding its way to some bankers' heads. But isn't it too little too late? And isn't it odd that it comes from a bank, HSBC, that seemed to screwed up the least? In fact HSBC appears to have been acting prudently with healthy Loan to Deposit ratio of 90% before the crisis and have been affected by other banks' actions.
This actually brings some confidence in HSBC but does not say much about others.
Posted by ant @ 09:43 AM (309 views) Add Comment
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