HSBC sells New York headquarters for $330 mln

British banking giant HSBC has agreed to sell its New York head office to Israeli investment holding company IDB Group for $330 mln (€224 mln) in cash. The London-based bank will lease back the entire New York building for one year, and floors one to 11 for a further 10 years. The deal is expected to close in the first quarter, the bank said.

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