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Originally Posted by Ignitionnet
EDIT: As a note the BBC report that HSBC say they've no plans to do so, could just be a bit of a PR exercise. |
not sure about a PR exercise ,blackmail seems closer to the mark .Mervyn King announces that we are in danger of another banking crisis unless proposed reforms are pushed through ,HSBC announce they will quit London if proposed reforms are pushed through .The fact that they didn't take any tax payers money puts them in a strong position to issue such threats