Tuesday, June 24, 2008

Consolidation or market manipulation?

HSBC takeover rumours boost UBS shares

Rumours HSBC could announce a takeover for UBS sent shares in the Swiss bank higher in morning trading. UBS stock rose almost four per cent this morning on speculation HSBC is planning an $80 billion (£40.7 billion) bid for the bank.

Posted by rental john @ 08:02 PM (541 views)
Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>