Corona Capital: HSBC’s HQ, Oil prices, Westpac | Reuters


When HSBC decided to keep its office in London in 2016, the bank said it would only revisit the decision “if there is a material change in circumstances.”

Yet the question flared up on Wednesday after the Financial Times reported the lender was debating whether to move to Hong Kong after cancelling its final 2019 dividend under pressure from the Bank of England. Though HSBC denied any such discussions, there’s disquiet on the $100 billion lender’s board.

Source: Breakingviews – Corona Capital: HSBC’s HQ, Oil prices, Westpac – Reuters

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