HSBC to Abandon Skyscraper Headquarters in Move to Central London

HSBC will leave its 45-story tower in Canary Wharf, one of the city’s main financial districts.
HSBC plans to downsize its space and embrace more flexible working arrangements in a new office, the former BT headquarters.
The bank's new headquarters will be about half the size of its current office and offer amenities to support wellbeing and sustainability goals.
The move is part of a broader trend of companies reducing office space due to increased remote work and high rents.
Other major banks have also announced plans to cut down on expensive office space and provide staff more flexibility.