Sunday, September 7, 2014
HSBC
HSBC, Hong
Kong Shanghai Bank Corp, is the largest or second largest bank depending
on how you stack them up. It used to prosper by the deposits from the
rich Chinese (most were from Shanghai) to escape communists decades ago
and the Chinese in SE Asia (unstable countries who are always angry with
Chinese to control the local economies without thanking them to prosper
their economies) for safe keeping. Before the takeover of HK, they
moved the headquarter to London.
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