HSBC‘s (LSE: HSBA) recent strategy update contained plenty for long term investors to dig into, including job cuts, a scaling back of the investment bank, and a promise of higher dividends. But the most interesting tidbit from a UK perspective was talk of a return of a venerable brand name to the High Street.
Goodbye HSBC Holdings plc, Hello Midland Bank?
VIDEO: One Fool puts HSBC Holdings plc (LON:HSBA) under the spotlight.
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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!
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