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HSBC, JPMorgan may move parts of businesses to Luxembourg: report

Move from the UK is being considered by these banks as they weigh the possibility of a British exit from the EU, adds The Times

London

HSBC Holdings plc and JPMorgan Chase & Co are in talks to relocate parts of their businesses to Luxembourg from the UK as they weigh the possibility of a British exit from the European Union (EU), The Times reported.

JPMorgan is close to setting up a bank based in

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