May 6, 2024
HSBC to leave Canary Wharf tower for new world headquarters

HSBC to leave Canary Wharf tower for new world headquarters

HSBC’s decision to return to London’s historic financial district within the Square mile is a “huge vote of confidence for the City”, said the City of London Corporation policy chairman, Chris Hayward.”This move further solidifies the City’s reputation as a prime destination for financial services firms, offering them unparalleled opportunities.After the pandemic, HSBC told staff it was going to reduce office space globally by about 40% to reduce costs and energy and allow more employees to work from home.

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