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EconomyHSBC says there is ‘no pressure’ to move its headquarters out of the UK despite possible bank tax rise

HSBC CFO Pam Kaur said the bank faces no pressure to move its headquarters from London, despite an expected UK bank tax increase. HSBC reported a 32% rise in third-quarter profits to $9.6bn and plans to return $2.7bn to shareholders through dividends and buybacks.

HSBCUK bank taxbank profits

TThe Guardian★★★☆☆2026-10-27 10:21Original

HSBC says there is ‘no pressure’ to move its headquarters out of the UK despite possible bank tax rise
HSBC says there is ‘no pressure’ to move its headquarters out of the UK despite possible bank tax riseEconomy