Home » Posts tagged with "UK Tax Payers"
Disgraced HSBC cites UK 'regulatory reforms' as a cause for Asia move
As disgraced British bank HSBC considers moving its headquarters to Asia, many UK tax payers have welcomed the news. The banking giant, which previously assisted criminals in dodging tax, cited regulatory changes as a driving factor for its move.
HSBC is pondering selling off its UK retail unit in a lucrative £20bn deal, as it reviews whether it should remove its headquarters from the City of London...