Ericsson wrote:obiero wrote:washiku wrote:Why would anyone be willing to buy Imperial Bank?
Juju
Sale will be done chase bank style where the good book will be seperated from the bad book.
The bidders will be given opportunity to buy the good book
For Imperial how good is the good book. I believe Chase had a better client base in terms of portfolio quality. Then again, once you have the good book do you imagine that new clients will want to be associated with such a bank. It's a big gamble to be taken only by a witchdoctor
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45