Banks have been repeatedly forced to pay up for their misdeeds in recent years, and rightly so. But it’s staggering just how long the litany of ongoing legal issues remains for a big bank like HSBC (LSE: HSBA) (NYSE: HSBC.US). Are you worried about the Belgians, for example? Well, you should be! Owain Bennallack explains why…
Why HSBC Holdings plc Now Even Has to Fear the Belgians
VIDEO: One Fool puts HSBC Holdings plc (LON:HSBA) under the spotlight.
Posted by
Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.
You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More.
