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HSBC Unlikely To Re-Domicile Away From UK: Morgan Stanley

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Mani
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Despite HSBC announcing a review of its domicile while unveiling its first quarter earnings, Morgan Stanley analysts believe the bank levy methodology could well be recalibrated to discourage HSBC’s departure.

Jackie Ineke and team at Morgan Stanley in their May 13, 2015 research report titled: “European Banks: HSBC Moving?” argue that even if HSBC were to re-domicile, its credit quality should not be impacted.

HSBC Unlikely To Re-Domicile Away From UK: Morgan Stanley

HSBC exploring move away from UK

As reported by ValueWalk, HSBC and Standard Chartered are exploring the feasibility of quitting London for a new home in Asia after Britain raised...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports