Monday, August 3, 2009

Investments



HSBC and Barclays Announce Profits
It was announced today that, as expected, 2 of the big 5 UK banks have released their profit figures for the first half of 2009. The total profits for HSBC and Barclays have hit the �6m mark sparking fears of short selling and bonus culture dripping back into the banking system. The profits are potentially a good sign for the economy as long as the temptation to jump straight back into big bonuses is resisted in the long term and, of course, both Barclays and HSBC refused help from the Gover

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