You are here

HSBC shares soar in London, HK on report it may spin off UK consumer bank

HSBC231.jpg
HSBC Holdings plc's shares jumped the most in more than a year in London after a newspaper report saying the lender may spin off its UK consumer bank as the company pledged to review its domicile.

London

HSBC Holdings plc's shares jumped the most in more than a year in London after a newspaper report saying the lender may spin off its UK consumer bank as the company pledged to review its domicile.

Europe's largest lender surged as much as 4.6 per cent, the most since January