Stock Market News
HSBC to close New Zealand wealth and personal banking business
2023.06.13 00:02
© Reuters. HSBC Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) – HSBC has decided to wind-down its wealth and personal banking business in New Zealand, the bank website showed on Tuesday.
The move comes after the London-listed bank last year said it was reviewing its retail banking business in New Zealand with a view to selling it.
