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

https://mins.news/en/item/117171

- The Guardian, 2026-10-27 10:21 UTC
- Economy
- Original: https://www.theguardian.com/business/2026/oct/27/hsbc-says-no-pressure-to-move-hq-out-of-uk-despite-prospect-of-higher-bank-taxes

> 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.

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