Summary
LONDON (Reuters) - HSBC Holdings, Europe's biggest bank, warned that Britain's big banks could move overseas if a government review decides that lenders should be broken up.
Stuart Gulliver, head of investment banking, said HSBC was "genuinely concerned" that a U.K. government appointed commission would recommend big banks must split retail banking from riskier investment banking.See the full content of this document
Extract
Hsbc Warns U.K. Bank Break-Up Could Force Exodus
Mr. Gulliver said it was "clearly possible" the Commiss...
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