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Middle East staff eye jobs at HSBC's new Birmingham base

New º£½ÇÊÓÆµ retail arm of high street bank is attracting job applicants from around the world as relocation out of London gains 'momentum'

HSBC º£½ÇÊÓÆµ's new head office could house up to 2,500 people

HSBC's move to Birmingham is prompting interest from its staff around the globe as the bank continues its relocation out of the capital.

Antonio Simoes, chief executive of HSBC Bank and the man spearheading the move, said there had been plenty of interest in jobs in the city but particularly from staff currently working in Dubai and Hong Kong.

In 2015, in Broad Street to be the home of its new ring-fenced retail banking arm, later named HSBC º£½ÇÊÓÆµ, which is to be separated from its investment operations.

The split comes after new laws were passed in 2013 in the wake of the recession which stated certain banks should separate their retail and investment operations by January 1, 2019.

Around 350 staff have already moved or committed to move to Birmingham and, once the recruitment and relocation out of London is complete, HSBC will have around 3,500 staff working here,

HSBC employs 45,000 people across the º£½ÇÊÓÆµ.

Mr Simoes said: "More than 1,300 people within HSBC have said they are interested in roles in Birmingham, from our offices in the º£½ÇÊÓÆµ but also from people working globally.

"The reality is not all of these people will get jobs but it also doesn't mean we will fill all of these roles with internal candidates.