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View Full Version : HSBC and an Iraqi bank?

allen
07-21-2004, 09:36 AM
http://www.reuters.com/newsArticle.jhtml?type=businessNews&storyID=5720575
BRYAN
07-21-2004, 10:45 AM
http://www.reuters.com/newsArticle.jhtml?type=businessNews&storyID=5720575
CAN WE GET THIS BANKS STOCK BEFORE IT'S BOUGHT OUT & WHY CAN HSBC BUY STOSK IN THAT BANK 51% THEY NOW OWN . :confused:
allen
07-21-2004, 10:57 AM
:confused: I have no idea, i posted this in case someone wanted to know. I am a self proclaimed idiot when it comes to this stuff. I get Iraqi Dinar alerts as it comes up.
Marilyn
07-21-2004, 11:04 AM
How can I get on that mailing list?
allen
07-21-2004, 11:07 AM
sure no problem, Glad i can finally be of some use, lol. when i get a new one i'll post it.
Marilyn
07-21-2004, 11:18 AM
Ah, playing your cards close to the vest, eh?

;)
allen
07-21-2004, 12:16 PM
http://www.google.com/newsalerts?hl=en
allen
07-21-2004, 12:17 PM
Not holding out, i figured that this was old news. With all the information your all getting i figured someone had to have this.
Marilyn
07-21-2004, 12:19 PM
Wow, this is very cool. I'm sure others have it... i didn't know google had this service. :o
MEALTICKET
11-19-2004, 05:00 AM
Wow, this is very cool. I'm sure others have it... i didn't know google had this service. :o

I'm intrested in getting those alerts too by google. How can I become a member? :shhh:
arh777
12-06-2004, 10:51 AM
HSBC is seeking to set up operations in Iraq, among other Middle East target markets, chief executive Stephen Green has revealed. Mr Green said the bank was in the process of negotiating with authorities and banks in both countries to build a presence there.


HSBC is one of the banks licensed to operate in Iraq and financial sources say it is likely to be operational by the first quarter of 2005. Mr Green declined to give further details about the Iraq operation. Mr Green said HSBC would continue to focus on Saudi Arabia and the United Arab Emirates - its two biggest Middle East markets - as well as Islamic finance which is growing in the region.

HSBC is licensed to operate in Iraq
HSBC has applied for an investment banking licence in Saudi Arabia and Kuwait, which said they would allow wholly foreign owned banks to operate in markets restricted to local banks. In the United Arab Emirates, Mr Green said there was scope for growth in nascent residential mortgage lending, particularly in Dubai where foreigners can now own property under a free-hold agreement.

Source: The Scotsman