consumer finance
Big lenders forced to bank on 'untouchables'
Submitted by loner on 6 April, 2003 - 5:23pm ......The appeal of the consumer - even the most humble one - has grown during the current bear market, which has cut into the returns that banks earn from serving the rich and powerful.
The biggest recent wager has been placed by HSBC, which last month completed its $14bn purchase of Household International, a US consumer lender.
- loner's blog
- Read more
- 513 reads
What did I say then?
Provincial government grabs Brilliance for HK$144m | SCMP (3 years 15 weeks ago):
The Liaoning provincial government will pay HK$144.61 million to take control of Hong Kong-listed...
