agreed! very well run traditional bank that doesnt get wrapped up in high risk investments. May 18th is the HSBC completion date and div increase will be a little later after they prolly make a mint with their aquisition on deposits and loans.
That's the problem with the executive branch in that they care less about the employees! If you knew that you had huge stock options plus you got a hefty bonus each year given to you by the board of directors you wouldn't care about the rest either. The problem is that the board just gives these bonus's away without having to have stockholder approval! Plus their rationale is that the executives might leave and the bank will fall apart! And guarantee you ,that if the big fat CEO left, Wall Street would make a big thing out of it and have it drop even more!