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HSBC CEO says activities generating 20% of London revenue may move

Mr Gulliver says irrespective of Brexit, London will remain a global financial centre, and the revenue impact of Brexit on financial services will be made good in two to three years' time.


HSBC Holdings Plc chief executive officer Stuart Gulliver said trading operations that generate about 20 per cent of revenue for the lender's investment bank in London may move to Paris, quantifying some of the aftershocks for the UK after Brexit.

"Activities specifically

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