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Story file

HSBC Australia retail banking exit

The developments in this story so far, most recent first.

  1. Milestone

    HSBC sells $25bn Australian loan book to Blackstone

  2. · date approximate Background

    HSBC first gained a commercial banking licence for the Australian market.

    HSBC's history in the Australian market dates back to 1986, when the bank first obtained a commercial banking licence for the region.