HSBC jumping ship....

Boot Cleaner · 5th March 2011, 10:23 PM

http://uk.finance.yahoo.com/news/HSB...62919.html?x=0

Wankers. Probs using my charges to build a lovely new building aswell!

box2box · 5th March 2011, 10:30 PM

A bit of brinkmanship here I think

redrobbo63 · 5th March 2011, 10:34 PM

Hong kong bank to base itself in hong kong..Hmm. seems logical to me..

yorkyexile · 5th March 2011, 11:04 PM

Mervin King has just today said that bank reforms have to be shoved through

http://www.bbc.co.uk/news/business-12655035

HSBC almost immediately announces a now "more likely than not" move to Hong Kong. Think its past brinkmanship and more like economic blackmail meself

Wise Man Says · 5th March 2011, 11:05 PM

Bad news sadly.

tiptoad · 5th March 2011, 11:06 PM

Another bank that isn't keen on coughing up some tax to clear up the shit-storm they helped create. Good riddance.

yorkyexile · 5th March 2011, 11:07 PM

Quote:

Originally Posted by tiptoad

Another bank that isn't keen on coughing up some tax to clear up the shit-storm they helped create. Good riddance.

Apart from the obvious job losses if they move whats the odds on us getting any tax out of them then?

tiptoad · 5th March 2011, 11:13 PM

Quote:

Originally Posted by yorkyexile

Apart from the obvious job losses if they move whats the odds on us getting any tax out of them then?

About the same as we have of getting tax out of Barclays: fuck all.

Barclays' 'shocking' £113m tax pay-out

yorkyexile · 5th March 2011, 11:15 PM

Quote:

Originally Posted by tiptoad

About the same as we have of getting tax out of Barclays: fuck all.

Barclays' 'shocking' £113m tax pay-out

113mill is peanuts like but at the same time its better than fuck all if hsbc bugger off.

tiptoad · 5th March 2011, 11:17 PM

Quote:

Originally Posted by yorkyexile

113mill is peanuts like but at the same time its better than fuck all if hsbc bugger off.

Aye - 1% tax on profits of £11.6 billion quid is peanuts like. Barclays must be laughing their cocks off.