Friday, January 11, 2013

Focus: The Ping An deal - what is HSBC thinking?





It looked like a stroke of luck at a difficult time for HSBC - a chance to make a big profit from selling one of its most valuable assets in China.


Now, less than a month later, the sale of its stake in Ping An insurance has put in question the reputation of the London-based bank established in Hong Kong and Shanghai about a century and a half ago.









via Business feed http://www.scmp.com/news/article/1125019/focus-ping-deal-what-hsbc-thinking

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