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HSBC Decides To Remain Headquartered In The UK

14th Feb 2016 22:34

LONDON (Alliance News) - HSBC Holdings PLC late Sunday said its board has decided unanimously that its headquarters will remain in the UK.

"As we evaluated jurisdictions against the specified criteria, it became clear that the combination of our strategic focus on Asia and maintaining our hub in one of the world?s leading international financial centres, London, was not only compatible, but offered the best outcome for our customers and shareholders," Chairman Douglas Flint said in a statement.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2016 Alliance News Limited. All Rights Reserved.


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