HSBC, Europe's largest lender, has signed a 15-year lease for several floors at 40 Bank Street in Canary Wharf. This move comes as the bank prepares to vacate its current global headquarters in Canary Wharf by 2027 and relocate to a new headquarters in the City of London. The additional space at 40 Bank Street is intended to alleviate capacity constraints during the transition period. The new office location is a short walk from HSBC's existing headquarters, allowing the bank to maintain a presence in Canary Wharf while expanding its footprint ahead of the planned move.