HSBC to sell $25.3 billion Australian home loan portfolio to Blackstone

HSBC•2026-07-30

Currency conversion

$1 = 1.4231 Australian dollars

HSBC to exit Australian retail banking

HSBC HSBA.L, 0005.HK on Friday said it will sell its A$36 billion ($25.30 billion) Australian home and personal loan portfolio to investment giant Blackstone BX.N, marking its exit from retail banking in Australia.

HSBC to sell $25.3 billion Australian home loan portfolio to Blackstone

Currency conversion

HSBC to exit Australian retail banking

Related News

Agibank launches proprietary investment platform, starts with CDB offering

Arthur J. Gallagher Q2 revenue meets estimates amid strong client retention

Catalyst4 reports $13.84 million MapLight Therapeutics common share purchase

Vale sets BRL 8.64 billion shareholder payout for Sept. 2

Roblox's algorithm, safety changes dent bookings forecast; shares slump