HSBC rejects move to Hong Kong; decision boosts London's status as global financial centre

HSBC rejects move to Hong Kong; decision boosts London's status as global financial centre

A man walks past a logo of HSBC outside a branch at the financial Central district in Hong Kong, China June 2, 2015. REUTERS/Bobby Yip

HSBC has decided to keep its headquarters in Britain, the bank said on Sunday, following a review into a potential move that could have shifted the group’s base to Hong Kong.

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