Search This Blog

Google Analytics

Wednesday, January 21, 2009

HSBC Rating Downgraded by Societe Generale

As the United States swore in its 44th president, the market plummeted under the weight of the continuing financial crisis. Europe-based banks led the decline after Royal Bank of Scotland (RBS) warned of a massive annual loss, and HSBC Holdings (HBC) was initiated with a "sell" rating at Societe Generale.

I knew it is coming.

No comments:

Post a Comment

Do provide your constructive comment. I appreciate that.

Popular Posts