{"id":8540,"date":"2011-01-25T08:43:03","date_gmt":"2011-01-25T06:43:03","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/2011\/01\/25\/the-bankers-arent-going\/"},"modified":"2011-01-25T08:43:03","modified_gmt":"2011-01-25T06:43:03","slug":"the-bankers-arent-going","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/01\/25\/the-bankers-arent-going\/","title":{"rendered":"The bankers aren&rsquo;t going"},"content":{"rendered":"<p>As the FT <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/ab8e3c7a-27fb-11e0-8abc-00144feab49a.html#ixzz1C1gWfOtX\" target=\"_blank\">notes this morning<\/a>, HSBC has rejected move of head office from London to Hong Kong. It&rsquo;s new CEO&#160; had previously warned that HSBC might relocate abroad, most likely to Hong Kong, if the government forced banks to split their retail and investment banking businesses.<\/p>\n<p>Well, government advisers are talking about some form of split.<\/p>\n<p>And HSBC is staying.<\/p>\n<p>There&rsquo;s good reason for that. London is where they need to be and complying with the requirements of the UK is a price worth paying for being here.<\/p>\n<p>Politicians please note: you need not be held to ransom by these people. Whenever they talk about leaving it&rsquo;s just bluff. The truth is, there is no where to go that suits as well London. And they know it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the FT notes this morning, HSBC has rejected move of head office from London to Hong Kong. It&rsquo;s new CEO&#160; had previously warned that<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/01\/25\/the-bankers-arent-going\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70],"tags":[],"class_list":["post-8540","post","type-post","status-publish","format-standard","hentry","category-banking"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/8540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=8540"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/8540\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=8540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=8540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=8540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}