Malapapa wrote:denizaksulu wrote:Malapapa wrote:DT. wrote:HSBC was told to close down its northern branch (its a branch of the Turkish acquisition that was made and considered to be on Turkish soil under Turkish regulation.
When HSBC was asked to close this branch down its reaction after weighing its business interests in Turkey and those in Cyprus was to close the Cyprus Private banking branch down instead. It later offloaded all its shares in Laiki Bank (20%) to Marfin.
Thats how much HSBC values doing business with Cyprus
Then, perhaps HSBC might now prefer conducting some business in the relevant courts. An initial warning shot is certainly in order; a high profile scalp worth securing ASAP.
HSBC, as we speak is shaking in its boots.
I expect that's what some were flippantly saying about the Orams, when proceedings first started.denizaksulu wrote:
You may think trespass is a laughing matter. Thankfully the justice system thinks otherwise.
Did I make any comment on the content of your letter. XXXXXXX!!!
You assume too much.
