HSBC Unlikely to Have Periodic Reviews of HQ Location: Sky
Source: BFW (Bloomberg First Word)
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HSBA LN (HSBC Holdings PLC)
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UUID: 7947283
(Bloomberg) -- HSBC directors don’t want to commit to future triennial reviews of headquarters location even if the bank decides to remain in the U.K., Sky News reported citing sources it didn’t identify.
Alert: HALISTER- Cites cost, resources and management time involved in formal review
- Bank will keep HQ issue “constantly monitored” in future
- NOTE: Feb. 10 story: HSBC Board Said to Meet Sunday to Mull Headquarters Decision
Source: BFW (Bloomberg First Word)
Tickers
HSBA LN (HSBC Holdings PLC)
To de-activate this alert, click here
UUID: 7947283