HSBC keeps headquarters in London, rejects move to Hong Kong
HSBC Holdings decided on Sunday to keep its headquarters in Britain, rejecting the option of shifting its centre of gravity back to its main profit-generating centre Hong Kong after a 10 month review.
Feb 15, 2016, 07:53 AM ISTHSBC's H1 profits rise 10% on bumper Hong Kong results
HSBC also announced the sale of its Brazil unit to Banco Bradesco SA , the country`s second-biggest private-sector bank, for 17.6 billion reais ($5.2 billion) as HSBC seeks to cut underperforming businesses.
Aug 03, 2015, 10:24 AM ISTFrance imposes Euro-1 bn bail on HSBC; begin formal probe
The bank, however, said the French magistrates' decision was "without legal basis" and it would appeal against it.
Apr 09, 2015, 19:55 PM IST