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Business Matters: HSBC considers relocating its London HQ

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25/04/2015

HSBC considers relocating its London HQ

BBC World Service - Business Matters, HSBC considers relocating its London HQ

Is it politically motivated or a reaction to shareholders’ demands?

HSBC says it is considering moving its headquarters out of the UK, but is this announcement a politically motivated one or a reaction to shareholders’ demands?

One of the world’s biggest banks – HSBC – says it is considering moving its headquarters out of the UK, due to the “regulatory and structural reforms” introduced in the country since the financial crisis. Uncertainty over Britain's future in the European Union is also worrying the lender – but is this announcement a politically motivated one, or a reaction to shareholders’ demands?

Also - the richest boxing match ever – we hear how Floyd Mayweather and Manny Pacquiao are set to pocket at least $100m dollars each, and we bring you a Business Matters guide to one of the world's most remote communities - Tristan de Cuna.

To finish off the week on a high, Kai Ryssdal of Marketplace  tracks down the man who invented the emoticon – which uses punctuation to spell out a smiley face that you have to squint at it sidewise -  way back in 1982.

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