HSBC decides to stay in Britain, HK regulator respects decision


Up and running: British bank HSBC said Jan 30 that its Internet and mobile banking services were fully up and running again after it was hit by a cyber-attack. — Reuters

Meanwhile in Hong Kong the de-facto central bank said on Monday it respected HSBC Holdings' decision to keep its headquarters in Britain following a weekend boarding meeting in London..

"The HKMA appreciates that for a large international bank such as HSBC, relocation of domicile is a very major and complicated undertaking," Norman Chan, Chief Executive of the Hong Kong Monetary Authority (HKMA) said in a statement.

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