Will HSBC pack its bags and leave the UK?

HSBC is set to review its domicile after tax scrutiny surrounds its Swiss private bank, and further FX manipulation fines arise. Could a Labour win at the polls be the final deciding factor?

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Central Bank of Nigeria shuts down its official FX window due to volatility

“The Apex Bank noted that the wide gap between the official and interbank value of the naira had engendered undesirable practices, including round tripping, speculative demand, rent seeking, spurious demand and inefficient use of scarce foreign exchange resources by economic agents” – Ibrahim Mu’Azu, Director of Corporate Communications, Apex Bank

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