This historical article details the grand opening of the Hongkong and Shanghai Banking Corp's new $5.2 billion headquarters in Hong Kong in April 1986. The building symbolized the bank's confidence in the future of the city.

This article was first published on April 8, 1986. Billion dollar brilliance by Staff Reporters The new $5.2 billion headquarters of the Hongkong and Shanghai Banking Corpn was formally opened last night (April 7, 1986) when the Governor, Sir Edward Youde, snipped a simple ribbon. The building, every light ablaze, was a symbol of the bank’s faith in the future of Hongkong, said the bank’s chairman, Mr Michael Sandberg. Many also saw it as a vindication of Mr Sandberg’s own commitment in his...