Business

HSBC on track in filling 1,000 HQ roles

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LONDON: HSBC is on track to fill 1000 vacancies at the new headquarters of its British retail bank in Birmingham it said on Thursday, with people hired for nearly 450 of the roles. The bank’s newly separated high street lender HSBC UK is set to open its headquarters in a 10 storey office block in the city in the heart of Britain’s Midlands region in January 2018. HSBC has said it will move 1000 jobs from its head office in London, but reports last year in British newspapers said that an independent monitor tasked with overseeing the bank criticised the pace of its progress in filling the roles. — Reuters