Hong Kong regulator says respects HSBC decision to keep HQ in Britain

February 15, 2016 12:01 AM

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HONG KONG Feb 15 Hong Kong's de-facto central bank said on Monday it respected HSBC Holdings' decision to keep its headquarters in Britain following a weekend boarding meeting in London..

"The HKMA appreciates that for a large international bank such as HSBC, relocation of domicile is a very major and complicated undertaking," Norman Chan, Chief Executive of the Hong Kong Monetary Authority (HKMA) said in a statement.

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