HSBC rating upped for Barc, Lloyds & RBS

[Welshbeef]

HSBC announced that their value for Bar is now 300p up from 110p, Lloyds 150p up from 40p & I cannot recall the RBS valuation.

Bank shares are rocketing on this news.

Does anyone recall the price the Govt paid for RBS & lloyds shares - so we can then work out how much as tax payers we are Up or down (paper profit or loss).

[fido]

F8k, i took my bonus in cash instead of shares. It would have been worth nearly triple now. I'm not crying but i am quite depressed.

[Welshbeef]

With all the US banks so far reporting very good Q1 09 the underlying business is sound (although clearly if more loans turn bad then things may turn sour.


One thing which will certainly need changing following this nightmare for the banks is the capital ratio - however they cannot implement that now as credit is hard enough as it is... instead I would say when the economy picks up again have regs in place so that it forces banks to shore up their capital ratio and in time this will build to the required levels and when the next downturn happens the banks will be by the FSA or WFSA worldFSA ok.

[ShadownINja]

95.8FM? Oh, "ratio".

[emicen]

fido said:

F8k, i took my bonus in cash instead of shares. It would have been worth nearly triple now. I'm not crying but i am quite depressed.

Indeed. If only I'd had the testicular fortitude to go in harder when purchasing RBS at 10p and LLoyds at 37p. I'm not complaining at being up, but the funds I could have dabbled with would have seen me realising a profit that would merit browsing the interweb for one kick ass summer holiday!