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Australia moves to keep its banks in the Pacific

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Aussie bank = good! China bank = bad!

If the Aussie banks are not making money I don't think this initiative will go anywhere.

-1 ( +2 / -3 )

British banks are closing high street branches as fast as they can, switching the costs to their bonuses. Replacement 'banking hubs' are opening at a snail's pace. So, China (or anyone else), if you open high street services in the UK you would be welcomed with open arms.

0 ( +3 / -3 )

bank is business.a private one.

reason for doing business is to make a profit.

if they cant make profit or if its "waffer thin one" there is reason why they are leaving.

and yes-may be replaced by chinese banks.

its market economy,capitalism.what is the problem?

maybe need to ask local sinophobe Isabelle so will get bunch of off topic spam links again...?

-1 ( +1 / -2 )

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