HSBC Encouraged To Stay Put

HSBC,the British banking titan,says it will remain headquartered in London.It had been unhappy with the regulatory regime,but now bank levies have been scaled back and more friendly regulators have come in after the recent Parliamentary elections.*
In London generally,home prices are up 5.4%,locking out first time homebuyers.*
HSBC still likes Hong Kong very much and says,if Great Britain leaves the European Union,they could still relocate there.*
HSBC also still plans to add 4,000 banking jobs in Southeast China,but the pace has slowed somewhat in the current economic conditions there.*
HSBC Holdings plc ADR (HBC)