[isatrader]

Like the other large banks - is it really a UK business, its HQ and one of its listings is in the UK? This raises an interesting question of how strong the relevence of UK market breadth is to such a stock?

Yeah I appreciate it's a global business. I was more referring to it as a UK bank based on high street presence, like Barclays, Lloyds etc, and its primary stock market listing being in the UK. As only appears on the US market (HSBC ticker) as an ADR.

I think UK breadth is likely less relevant to stock that is global, versus something that only operates in the UK.