where is the head office of hsbc bank?
New York City
neutral
 In July 2014 , the bank paid approximately US $ 400 million to settle similar charges in Bochum , Germany . 

entailment
 The bank has its major presence in the United States . Its American headquarters for investment banking are located in New York City , for private wealth management in Weehawken , New Jersey and its sales & trading headquarters can be found in Stamford , Connecticut . Company 's global business groups are ( i ) wealth management , ( ii ) investment banking and ( iii ) asset management . Additionally , UBS is the leading provider of retail banking and commercial banking services in Switzerland , as established already in 2009 . Overall invested assets are CHF 2 @.@ 689 trillion , shareholders ' equity is CHF 55 @.@ 313 billion and market capitalization is CHF 75 @.@ 147 billion by the end of 2015 . 

contradiction
 The headquarters of the Canadian division of 3M are located in London . The London Life Insurance Company was founded there , as was Imperial Oil ( in 1880 ) and both the Labatt and Carling breweries . The Libro Financial Group was founded in London 1951 and is the second largest credit union in Ontario and employs over 550 people.Canada Trust was also founded in London in 1864 . The TD @-@ Canada Trust tower is still one of the tallest buildings in London , and has been home to two nesting peregrine falcons for more than a decade . 

neutral
 Bankwest sold the building in November 1994 for $ 146 million to Jetcloud Pty Ltd , which was majority owned by the AMP Society . However , Bankwest retained the head lease over the building , and in 2000 the Bank occupied around 20 floors in the building . In 2002 , Valad purchased a half @-@ share in the tower for $ 92 @.@ 5 million , which it then sold to Stockland in early 2007 . Meanwhile , Multiplex acquired its half @-@ stake in the tower from its merger with Ronin Property Group which was proposed in late 2004 . Brookfield Multiplex put its half share in the building up for sale in early 2008 , however an offer for the tower by Luke Saraceni fell through and the half share in the tower was taken off the property market . 

neutral
 It was estimated that UBS spent as much as US $ 600 million to US $ 700 million hiring top bankers in the U.S. during this three @-@ year period . Among the bank 's other major recruits during this period were Olivier Sarkozy , Ben Lorello , Blair Effron , and Jeff McDermott . 
