HSBC Chairman Rules Out Moving Headquarters From London After Brexit

[kreslik.news]

The United Kingdom’s largest bank, HSBC, part of the global banking giant with roots in Hong Kong, will not be relocating its headquarters out of London following the result Brexit vote

This is according to comments from the firm’s most senior person, HSBC Chairman, Douglas Flint, speaking at a conference today in the UK.

Earlier this year, the company said that it would keep its global headquarters in London, further endorsing the world’s leading financial hub for banks and major financial institutions.

City UK conference

Speaking at the City UK conference this Thursday, Mr. Flint explained how the brexit result wouldn’t cause the bank ... (read more)