HSBC Bank To Keep Headquarters In London
HSBC has decided to keep its headquarters in the UK, following speculation that the bank was considering a move to Hong Kong. The company had launched a review on where it should be based last April, in response to sweeping reforms in the banking sector. It said the decision to remain in London was unanimous, adding in a statement: "London is one of the world's leading international financial centres and home to a large pool of highly skilled, international talent.
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