Results tagged “independent commission on banking”

HSBC is to delay its decision on a potential move out of Canary Wharf until next year.

The bank has been hinting that it could move its global headquarters from the UK because of the likely imposition of tougher legislation when the Independent Commission on Banking publishes its report in September.

May 11 will be a red letter day in the life of HSBC as new chief executive sets out his strategy for the future of the bank.

Uppermost in the minds of HSBC's Canary Wharf workforce - where the strategy will be outlined - is be the impact on the retail arm of the bank.