Diary of a rail fan in Kansai,Japan(Ver.2)

About world's rail news, general news, my train pictures, and travel diary)

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Why are they in London?

HSBC is moving the heart of the bank back to Hong Kong
https://edition.cnn.com/2021/04/14/business/hsbc-exec-moves-hong-kong-london/index.html

HSBC stands for The Hongkong and Shanghai Banking Corporation Limited. So, I had thought that it is focusing on business in Hong Kong or Shanghai. But, the fact is that the bank is headquartered in UK, and most senior executives live in London.
Now, along with the name, the bank seems to gradually focuse on Asia.