Banking on the Banks
There is a war going on between CitiBank and HSBC Bank over the control of the Central American money. Recently, these two humongous banking corporations pulled out their hefty wallets and bought out four of the largest Central American Banking chains: Banco Uno, Banco Cuscatlán, Banistmo, Banco de América Central (this one still in the works). I guess there is money [to be made] in the banks.
Trivia Side Note: It is interesting that these two colossal corporations have lost their humble city names. Click the following links to visit the Daily Photo Blogs corresponding to the cities that gave birth to these mammoth banks and come back here to tell me which city belong to which bank: Hong Kong Daily Photo, New York Daily Photo, Shanghai Daily Photo. Also, can you explain to me why the largest British corporation (As of Jun 30, $1.74 trillion) has Chinese names?
Daily Content
December 27th, 2006
wishes of happy new year from Madrid…
December 27th, 2006
I didn’t realize HSBC was an English bank!
December 28th, 2006
Tr3nta: Thanks for the visit. I will visit your site tomorrow to see all the recent photos.
Meg: Funny that things you come to realized in this humble photo blog about a humble tiny town in Central America. By the way, I did not know either.
November 11th, 2008
[...] and HSBC Bank over the access and the control of the currencies in the isthmus in the post entitled Banking on the Banks. Below you can read the introductory paragraph: There is a war going on between CitiBank and HSBC [...]