Business

HSBC Pulls Out of Australian Retail Banking Market

Updated 2026-07-31 05:25 UTC 1 source Neutral

HSBC is selling its local loan portfolio to Blackstone and will continue private and institutional banking services in Australia.

Coverage timeline — 1 article
The Guardian
London-based company to sell local loan portfolio to Blackstone, but will continue private and institutional banking services<a href="https://www.theguardian.com/australia-news/live/2026/jul/31/australia-news-live-working-with-children-check-garma-festival-anthony-albanese-labor-an
2026-07-31 05:00 UTC
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