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6 pts

Opinion on  HSBC Holdings plc (HBC)     Sector: Financial  >  Industry: Money Center Banks
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Nov 01, 2008 12:27 PM GMT
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Return Risk
+19.92% LOW
Sr. Analyst

Having acquired HHI, the prime mortgages portfolios and Alt-A will drag their business. Also handicapped in the US and some emerging markets because of the current consolidation. Though they have come out well capitalized and unscathed in the recent crisis, getting back to business they are likely to suffer reverses in their growth plans...


HBC:  This call was made on 11/01/08 @ $60.27
Rating:   Negative   $60.27 (11/01/08)
Closed:   03/18/2009 @ $26.76 (+55.60% in 136 days)


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