HSBC to sell $25.3 billion Australian home loan portfolio to Blackstone-August 2024-www.financetom.com

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

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

Jul 30, 2026 3:43 PM

July 31 (Reuters) - HSBC ( HSBC ) on Friday said

it will sell its A$36 billion ($25.30 billion) Australian home

and personal loan portfolio to investment giant Blackstone

, marking its exit from retail banking in Australia.

($1 = 1.4231 Australian dollars)

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