Wealth and Asset Management
HSBC: 'The UK has rejected the concept of universal banking'
HSBC’s chief executive has said the UK has “rejected the concept of universal banking” in the latest indication that Europe’s biggest bank is set to quit Britain. Stuart Gulliver hit out at the litany of rules and taxes the bank is subject to in Britain, and said Ed Balls’ plan…
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Click here to read the full story: The Telegraph