hsbc bank launches review on whether to keep in uk
Last Updated : GMT 03:37:21
Arab Today, arab today
Arab Today, arab today

HSBC bank launches review on whether to keep in UK

Arab Today, arab today

Arab Today, arab today HSBC bank launches review on whether to keep in UK

HSBC
London - Arab Today

Global banking giant HSBC on Friday said it had launched a review on whether to remain headquartered in Britain as the country tightens regulation of the sector.

The board has "asked management to commence work to look at where the best place is for HSBC to be headquartered" amid "regulatory and structural reforms", HSBC chairman Douglas Flint was to tell shareholders at the group's annual general meeting taking place Friday in London, a company statement said.

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