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    there is a strong rumour that the above bank will move london to hong kong after being here for 19 years.
    they say that it is not yet a done deal but many investors say they have been told that it is very likely.

    operational expenses last year £37.7 billion up 9.6% on the previous year.

    6 billion quid was was wiped from their share value last week and it is estimated that moving to hong kong would put a 30% premium on their share price overnight.

    should the move happen it will be a blow to the coalition who are looking to the financial sector to be at the forefront of the recovery.

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