Friday, 18 January 2008

HSBC renames its investment division

Exciting news. HSBC is changing the name of its investment division from 'corporate, investment banking and markets' to 'global banking and markets'.

Wow! I'll say it again - wow! Couldn't HSBC do better than that? How about - 'shamanic banking and global mysticism'? Or 'investment gods and banking seers'? Or 'market global banking warriors of the Big Herb cult and lords of the big money'? Let's have a bit of honesty, please.