Disclosure: I own shares in one or more of the stocks mentioned. 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.
I’ve taken a while to absorb the HSBC (HSBA) Q3 results. It’s interesting to see how the market reacts a while after publication.
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Comments
David Ray
“1,400 more compliance staff have been hired in the third quarter, bringing the total to 24,800. That’s a staggering 10% of its total employees. HSBC now employs nearly 7,000 people in compliance roles; in 2010 there were only 1,700.”
Errr, in English please. The above passage makes absolutely no sense to me at all. Is there 24,800 compliance staff or 7,000?
Saint Allard
Agreed, a handsome dividend yield and with the food retailers not paying out their usual dividends HSBA is even more attractive