After a bruising battle with the US government which caused severe damage to its brand, Goldman is now trying to mend its ways. Chief Executive Lloyd Blankfein had earlier admitted that “there is a disconnect between how we view the firm and how the broader public perceives our roles and activities.” Goldman has now engaged [...]

Do you think OCBC stretches the truth with the cake commercial if it had no intention of giving a cake to their customers on their birthdays? Interestingly, the commercial ends with “Ask OCBC”. So a blogger did and she finally got her cake after much wrangling. So what should OCBC do now? How about coming [...]

ABNRBSHSBCINGANZ Let me try to get this straight. ABN sold its Asian retail banking business to RBS. RBS is now trying to sell it to HSBC while ING is trying to sell its insurance business to ANZ. So what acronyms are we left with?  Banks, please stop this madness!!! You have not only lost a great deal of credibility [...]

HSBC has decided to shift its global headquarters from London to Hong Kong. It is about time. First of all, two thirds of HSBC’s business is in Asia. Secondly, HSBC stands for ‘HongKong Shanghai Banking Corporation’. So choosing one of the two location namesakes should have been a natural choice. HSBC opened its first branch [...]