HSBC singled out three large markets in the Americas, Brazil, Mexico and the U.S., as problem areas in which its businesses need to shape up or face restructuring, including possible asset sales. “We're talking of 12 to 24 months”. Read full article
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Brazil has the most competitive financial market in the world. When the PSDB handed Bamerindus Bank to HSBC in the 90s, the idiot Serra and Cardoso said that would be the end of Brazilian banks.Feb 25th, 2015 - 11:05 am - Link - Report abuse 0
These speculators never learn!
@1 brASSHOLEFeb 26th, 2015 - 10:28 pm - Link - Report abuse 0
yr statement is pure, unadulterated shit. Ah, I forgot, Petrobras is in the situation it is, only because of Lula's, Dilma's and the PT's incredible talent for managing public affairs....while you concern yourself with the small, insignificant issues, the PT is stealing Brazil and its people left, right and center...and YOU numbnuts can't, or refuse, to see it. And you, at the bottom of the food chain, will not benefit from any of it.