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flag HSBC leases extra space in Canary Wharf while shrinking its City of London HQ, balancing growth and costs.

flag HSBC has leased extra space at 40 Bank Street in Canary Wharf, London, while also moving its headquarters to a smaller site in the City of London. flag This move aims to balance the bank's need for office space with cost-cutting measures, as it expands its workforce and adjusts its real estate portfolio. flag The additional lease helps maintain HSBC's presence in Canary Wharf despite reducing its overall footprint there.

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