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HSBC to open new London HQ in March or April 2027

By Reuters News

LONDON, Nov 10 (Reuters) - HSBC will open its new global headquarters in London in March or April next year, a senior executive at the lender said, as Europe's biggest bank shifts from its tower in the Canary Wharf financial district to new offices in the centre of the city next to St Paul's Cathedral.

  • The renovated office, which HSBC is dubbing Panorama St Paul's, will house some 4,600 of the bank's 11,000 London-based staff, Group Chief Operating Officer Suzy White said

  • HSBC has been refurbishing the building, which formerly housed telecoms firm BT, since 2025

  • Global CEO Georges Elhedery will return to having his own office after previous CEO Noel Quinn scrapped private offices for senior management in 2021

  • The bank will retain a presence in Canary Wharf via space in offices at 40 Bank Street

  • HSBC will keep its total London headcount at around 11,000, White said, confirming no major cuts are planned as a result of the move

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