HSBC confirms 1,000 jobs coming to Birmingham

Monday, August 10, 2015

The banking giant HSBC has announced plans to move to Birmingham in three years time as it relocates its UK retail operations to the city.

Over 1,000 head office roles will move from London to the new location in Arena Central as a result of the move.

The announcement came as it announced a profits leap of 10 per cent to £8.7 billion in the first half of 2015.

The move to Birmingham in three years time came as the city was chosen after a review of a number of possible locations, were the review considered whether London was the best place for the bank’s head office due to the UK wide coverage of the firm’s customers, its employees and branch network.




Source: The Recruiting Times Website & Article.