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HSBC to launch immediate review on moving HQ away from UK - Sky News

Reuters - UK Focus

LONDON, April 24 (Reuters) - Bank HSBC is to launch an immedate review into whether it should move its headquarters from Britain, Sky News wrote on Twitter (Xetra: A1W6XZ - news) on Friday, citing sources.

HSBC was not immediately available to comment.

Shares (Berlin: DI6.BE - news) in the London-listed lender reversed early losses to trade 2.1 percent higher at 0748 GMT, with traders citing the Sky (Other OTC: BSYBF - news) report. (Reporting By Francesco Canepa, Editing by Alistair Smout)