HSBC to review Canary Wharf tower HQ, consider new London base

LONDON (Reuters) - HSBC will undertake a review of whether to keep its global headquarters in London's Canary Wharf financial district, according to a memo sent to staff and seen by Reuters on Thursday.

The bank said it had decided to undertake a review "of the best future location in London" ahead of its lease expiring at the 45-floor tower at 8 Canada Square in early 2027.

The bank said the review would include the option of staying and rennovating the tower, adding it would keep its global headquarters in London.

(Reporting by Sinead Cruise and Iain Withers, Editing by Huw Jones)