PARIS, Oct 16 (Reuters) - HSBC France plans to move
out of its Champs-Elysees headquarters by then end of 2020 and
to settle its new French head office some 500 meters further
away in the French capital, the bank said on Wednesday.
The new building will enable to accommodate about 1,200
employees, HSBC said in a statement.
Another 500 employees would be moved to HSBC hub in La
Defense business district where currently 4,000 employees work
and to the bank's branches close to the Champs Elysees building.
(Reporting by Dominique Vidalon; Writing by Benoit Van
Overstraeten; Editing by Maya Nikolaeva)