On August 8, 2025, HSBC bought back 24.2 million shares from Merrill Lynch for about $298.8 million, reducing its issued share capital to 17.4 billion shares.
HSBC has leased 210,000 square feet at 40 Bank Street, Canary Wharf, to address space shortages as it prepares to move from its current skyscraper to a smaller building.