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
Wed, Jun 17, 2015 - 5:50 AM
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...