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General Business
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HSBC to axe Kiwi retail business

The bank has been reviewing its local operations since November.

NBR Staff Tue, 13 Jun 2023

Global banking giant HSBC has confirmed it will shut down its local retail banking business.

“The decision has come after a strategic review of the business and reflect the rapidly evolving commercial, regulatory and technology environment for running a sustainable retail business,” the company

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NBR Staff Tue, 13 Jun 2023
Contact the Writer: editor@nbr.co.nz
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HSBC to axe Kiwi retail business
General Business,
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