Category HSBC

Blain’s Morning Porridge Climate Change ESG HSBC

ESG Heresy Triggers Shock and Horror – and about time!

HSBC is being pilloried for comments made by its’ ESG head, but what he said is worthy of consideration. Overly emotional ESG is a distortion that may be as dangerous as climate change denial.

Bank of England, Climate Change, ESG, HSBC, Stagation, Stuart Kirk
Bill Blain
May 23, 2022
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Blain’s Morning Porridge Banks China HSBC

HSBC – the Anomalous Bank

Calls to break up HSBC to realise the value of its Asian franchise are a critical moment for the bank as it pays the costs of being too big, too bureaucratic and for the inability of management to spot its critical weakness…..

HSBC

Blain’s Morning Porridge – June 4 2020: The Tragedy of HSBC

Blain’s Morning Porridge – June 4th 2020 – The Tragedy of HSBC “A waiter, again unbidden, brought the chessboard and…

Bill Blain
June 4, 2020

Scotland – Does it have to be a binary question?
July 1, 2022
9 years after Scotland voted to stay in the United Kingdom, the neferendum continues as Sturgeon demands a recount. But does it have to be this way? Independence looks like economic suicide, but Scotland is a nation rich in inventive people. Maybe we need something different: a new Union of proud, independent but culturally aligned nations?Read More »
Outlook for the second half? Rising interest rates and ongoing supply shocks spell trouble
June 30, 2022
Stocks tumbled 20% in H1, but Central Banks are fixated on Inflation as the No 1 priority with higher interest rates nailed on. Supply chain issues remain difficult, meaning corporate earnings will remain under pressure. The market is setting up for further weakness through H2.Read More »
The UK should lead by spending more on Defence – we can!
June 29, 2022
Inflation is increasing the burden of the UK’s debt, but it’s been well managed and should not impact as heavily as it might in other highly indebted nations. We can probably afford to spend more – especially in Defence, the primary duty of any state.Read More »
The End of American Exceptionalism Has Massive Market Consequences
June 27, 2022
The US just took another step towards the end of the Age of American Exceptionalism. It will have major consequences on markets and geopolitics. The West has limited time to prepare for some profound changes.Read More »
Has Covid Changed the Capital Markets for the Better?
June 24, 2022
Post-pandemic markets are challenging! We’re juggling multiple crises from inflation shocks, market wobbles and policy normalisation. Markets today are adjusting to the last 14 years of extraordinary monetary policy which have distorted the basis of markets and economic behaviours. Addressing them will be a long-term market challenge.Read More »