You are going to have relatively disappointing earnings across the board, i don't have a rosy-glowed view of a near-term turnaround. Ian Gordon More Quotes by Ian Gordon More Quotes From Ian Gordon The scale of the share price movements in smaller banks looks alarming, they look like what you associate with liquidity crises or capital shortfalls yet those two concerns are not present. Ian Gordon business This deal is important because it adds 60 basis points to HSBC's capital strength which gets them to their target and means they can maintain the dividend in a weak year for earnings. Ian Gordon company-news You do still see large amounts of U.S. dollar longs amongst the asset manager community, those positions were made on a presumption that U.S. data would pick up, and now that it's not, I think those positions are getting challenged. Ian Gordon company-news
