HSBC Denies Plans For H.K. Move

HSBC has denied reports that is planning on moving its headquarters from London to Hong Kong, reports BBC.

HSBC has denied reports that is planning on moving its headquarters from London to Hong Kong. Douglas Flint and Stuart Gulliver, the respective chairman and ceo of the bank, which relocated its corporate office from Hong Kong to London 19 years ago, said in a joint statement that talks of imminent change were “speculative and presumptuous.”

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