06 November 2010

HONG KONG and SHANGHAI BANKING CORPORATION

HSBC as it is commonly known is thinking about leaving London and setting up its HQ in another country. HSBC is the UKs largest bank in terms of market value and did not need any help from the government during the financial crisis. Interesting? Where would it go I wonder....China?

See: http://www.independent.co.uk/news/business/news/hsbc-in-new-threat-to-leave-the-uk-over-osborne-banking-levy-2126760.html

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