Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
There are banks and banks. One should never forget that HSBC (HSBA) is one that sailed through the banking tsunami under its own steam without the direct tax payer assistance; a tribute to its strong traditions and culture about the importance of capital.
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