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Essay's paper info
| Topic: |
Business
|
| Number of pages / Number of words: |
4 / 934 |
Essay's paper body
HSBC
announced in December 2006 that it was doing just as well as last
year, but not as well in revenues. It announced that each year, its
bad debt rises. Other banks' shares fell as well on the news.
---------------------
Opportunities--
*The Middle East.
Other banks are running scared of this region...
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However, HSBC has run
its regional business locally and been rewarded for its efforts with
numerous awards and honors for the Middle East market. HSBC is a
trusted name there, and the company has taken advantage of Iraq's new
democracy by creating a presence in the country. HSBC is the largest
international bank in the Middle East...
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