Weeks before the BRExit polling day, there were many news on the probability of Britain leaving EU, and how this will have impact on it's economy if it happens(now we already know the polling results). There were many gloomy news, and sentiments were not good. After seeing how the large US banks are still around today and survived the Great Financial Crisis, I kind of like bank, and they are top of my list for any gloom and doom situation. I did a search looking for the largest bank in UK, and found that HSBC to be one of them.
Below is HSBC 10 year chart extracted using google, do you get excited when you see this kind of chart.
And comparing with the other large bank(Barclays) in Britain, below are their ratios, and they certainly don't look high.
Before I initiated to buy, I ......
