HSBC keeps China at arm’s length

The bank’s decision to keep its headquarters in London signals it will push ahead with its pivot to Asia but limit exposure to China’s markets and regulators.
February 15, 2016

HSBC’s 10-month long identity crisis is finally over; not only has it decided to remain a London-headquartered bank, it has also pledged to cease periodically navel-gazing about the matter.

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