Saturday July 4, 2020

HSBC keeps London headquarters in victory for UK over Asia

Europe's largest bank said it will continue its 23-year stay in the UK capital

15th February, 2016
HSBC will keep its headquarters in London

HSBC recommitted to life in London, ending another round of deliberations over whether to move its headquarters and betting it can secure the easier regulation and lower taxes it seeks without leaving the UK.

Europe’s largest bank said it will continue its 23-year stay in the UK capital after its board, led by chief executive Stuart Gulliver and chairman Douglas Flint, convened there on Sunday to complete 10 months of discussions. The decision was unanimous,...

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