TITLE

Better Safe Than Sorry

AUTHOR(S)
Olson, Parmy
PUB. DATE
April 2008
SOURCE
Forbes Asia;4/21/2008, Vol. 4 Issue 7, p46
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article features London, England-based HSBC. While other big banks have been worrying about their capital ratios, HSBC has been busy expanding in emerging markets. It became the first foreign bank to open a rural branch in China. HSBC is 50% more profitable in emerging markets than in more mature markets, says analyst Sandy W. Chen. Its conservative approach to investment banking has stood it in good stead when the financial world has gone to pot.
ACCESSION #
31985790

 

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