Sunday, March 6, 2011
Veiled Threat Or Real Possibility?
HSBC, Europe's biggest bank, has denied reports it is planning to move its head office from London to Hong Kong. A spokesman told the BBC it had not made any preparations to rebase after 19 years of being London-based. The Sunday Telegraph quoted a major, unnamed investor as saying "we were told that a move [to Hong Kong] is now more than likely".