Because we don't understand banking, and we don't understand Asia.
What is the biggest British bank? Bigger than nos. 3, 4 and 5 put together?
HSBC, or the Hong Kong and Shanghai Banking Corporation. (I bet the yanks didn't even know what HSBC stood for).
And the fifth biggest? Standard Chartered, which has always had a large Asian presence.
Why anyone who knows anything about British banks could be surprised that they want some of the action is incomprehensible.
- Forums
- General
- AIIB -- US in denial, UK waking up, AU too stupid
AIIB -- US in denial, UK waking up, AU too stupid, page-7
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)