HSBC masively down and reports in papers say their chief Exec had money in Swiss Acounts , nothing to do with Barclays, RBS, Lloyds etc but as normal HSBC down , also Barclays but hey ho RBS and LLoyds up !! We have had a good run and HSBC bring it to an end. In my opinion it's a blip and our SP will be £2.70 pluss come results day fingers crossed. Barclays have dramatically cut costs and done a great deal to stabilise the business and turn it around. The ship has been turned and is heading into port . Stay Strong Fellow Investors our day is fast approaching . Good luck to all investors Keep Smilling
Good point but I believe Barclays already took their hit in this area and expectations will not outperform performance but the question mark will be there until 3rd. HSBC was considered up to a few days of the cream of the cream and had the potential to fall. Barclays has regrouped and is well on the mend. That's my view for what it's worth.
HSBC, like Barclays, does have an investment bank and Investment bank earnings fell 38 percent. I think it would only be right to consider that Barclays investment bank profits are going to take another hit. The only question is the markets reaction.
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