HSBC looking to shift around 1,000 workers from London to Paris after Brexit – corporate

The top boss of HSBC has said it is planning to move some staff from London to Paris following Britain's exit from the European Union.

Chief Executive Stuart Gulliver revealed that in interviews at the World Economic Forum in Davos, Switzerland.

He said that Europe's biggest bank would likely look to shift around 1,000 workers who generate around 20 percent of its trading revenue.

HSBC's global banking and markets division that houses those trading jobs made profits of $384 million in the UK.

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