Finance

HSBC to relocate U.S. HQ to Tishman Speyer’s The Spiral in Manhattan

HSBC logos are seen on a department financial institution within the monetary district in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid

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Could 2 (Reuters) – British banking large HSBC Holdings Plc’s (HSBA.L) U.S. arm mentioned on Monday it’ll relocate its headquarters to actual property developer Tishman Speyer’s new tower beneath development in Manhattan, New York.

HSBC Financial institution USA, N.A. mentioned that the 65-story workplace tower, The Spiral, which is nearing completion at 66 Hudson Boulevard will see the banking agency occupy three full and half of two different flooring.

HSBC mentioned it expects to relocate from its present midtown places of work in January 2024 beneath a 20-year lease.

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Reporting by Manya Saini in Bengaluru; Enhancing by Shailesh Kuber

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