"The market's expectation on HSBC is too high," Ian Gordon, an analyst at Investec in London, told the South China Morning Post after the bank unveiled first-half pre-tax profit of US$14.1 billion yesterday that missed the market consensus forecast of US$14.6 billion.
via Business feed http://www.scmp.com/business/banking-finance/article/1294556/massive-revamp-may-squeeze-hsbc-returns
No comments:
Post a Comment