Top UK banks see Brexit and red tape as sources of new business
HSBC and Standard Chartered turn to firms in Europe to ease operations with Asian and other markets
27 June 2019 - 18:12
London — As Britain moves to sever its membership of the EU, two of its biggest banks, HSBC and Standard Chartered, are building up their operations in the bloc in a bid to win more business helping clients grappling with red tape and Brexit.
HSBC this month launched its “Europe means business” campaign aimed at building awareness of its capabilities in the region and prompting staff to pitch the Asia-focused bank's abilities to clients in other markets...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.