18th Sep 2015 05:30
LONDON (Alliance News) - The chairman of HSBC Holdings PLC has suggested the bank may retain its domicile in the UK amid continued speculation that it could decide to move to Asia, The Daily Telegraph reported.
Douglas Flint warned he expected the so-called 'Black Monday' stock market crash, sparked by conditions in China, would be repeated and said the regulatory system in Britain was better-suited to its operations.
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11872971/HSBC-could-stay-in-UK-hints-chairman-Douglas-Flint.html
By Sam Unsted; [email protected]; @SamUAtAlliance
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