HSBC Reviews Whether to Move Base From Britain; Shares Jump

April 24, 2015 9:02 AM

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HSBC Reviews Whether to Move Base From Britain; Shares Jump

HSBC Holdings Plc, Europe’s largest bank, started a review of where its headquarters should be, signaling it could move away from the U.K. because of increased regulatory burdens.

“As part of the broader strategic review taking place, the board has therefore now asked management to commence work to look at where the best place is for HSBC to be headquartered in this new environment,” the London-based bank said in a statement Friday. “The question is a complex one and it is to...

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