HSBC's Quinn: UK is Very Good Place to have an HQ

HSBC's Quinn: UK is Very Good Place to have an HQ

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Business

University

Hard

The transcript discusses the organization's commitment to the UK, explaining that the decision to reduce premises is due to cost reductions, changing work patterns, and offshoring. The choice of relocating the head office was based on property availability rather than a preference between Canary Wharf and the City. The UK remains a favorable location for the headquarters of a global institution due to its time zone coverage, professional services, and regulatory environment. The organization maintains a global presence with headquarters in Hong Kong and the Middle East.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the UK serve as a good location for a global institution's headquarters?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the advantages of having a headquarters in the UK according to the speaker?

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