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Mynd you, møøse and konspiracy theøristz ankl bites Kan be pretti nasti...
1 posted on 03/13/2023 4:09:19 AM PDT by DoodleBob
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To: DoodleBob

A good way to reel Britain back into the Union.


2 posted on 03/13/2023 4:14:39 AM PDT by Jonty30 (It is not how many that go into Mexico that counts. It is how many that return from Mexico.)
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To: DoodleBob

Who performed the due diligence? What exactly did HSBC purchase? Does anyone know? Did they purchase everything, or just the “troubled assets”?


3 posted on 03/13/2023 4:30:05 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money)
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To: DoodleBob

The acquisition “strengthens our commercial banking franchise and enhances our ability to serve innovative and fast-growing firms, including in the technology and life-science sectors, in the U.K. and internationally,” said HSBC Group CEO Noel Quinn.

Does this guy read the news?


4 posted on 03/13/2023 4:31:32 AM PDT by HYPOCRACY (This is the dystopian future we've been waiting for!)
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To: DoodleBob

HSBC IS NOT Hot Sauce Bacon Cheese Bank

Hongkong and Shanghai Banking Corporation
The Hongkong and Shanghai Bank was founded by the Scottish banker, Thomas Sutherland, in the then-British colony of British Hong Kong on 3 March 1865, and in Shanghai a month later, benefiting from the start of trading into China, including opium trading


9 posted on 03/13/2023 4:36:52 AM PDT by Steven Tyler
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To: DoodleBob
"Marry my ugly daughter or I'll kill you."

Isn't she, So Very Beautiful?


12 posted on 03/13/2023 5:20:03 AM PDT by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
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To: DoodleBob
As of Friday, SVB U.K. had loans of around £5.5 billion and deposits of around £6.7 billion, with £88 million of full-year profit before tax in 2022, HSBC highlighted in the Monday statement. The bank expects SVB U.K.'s tangible equity to be around £1.4 billion, but added that "final calculation of the gain arising from the acquisition will be provided in due course."

So assets of £6.9 billion and liabilities of £6.7 billion if all the loans are listed at their market values and performing. More likely this is a money losing deal backed up (or could we say bailed out) by the Bank of England.

15 posted on 03/13/2023 5:29:24 AM PDT by KarlInOhio (Gain of Pfunction. Gain of Pfunding. Gain of Pfizer. Now in control of Project Pferitas.)
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To: DoodleBob

HSBC announced it will give away free kittens to people who start a new savings account. Chinese restaurants excluded.


19 posted on 03/13/2023 8:57:22 AM PDT by sergeantdave (AI is the next iteration of a copy and paste machine.)
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