HSBC to close New Zealand wealth and personal banking business

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June 13 (Reuters) – HSBC (HSBA.L) 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.

Reporting by Mrinmay Dey in Bengaluru; Editing by Dhanya Ann Thoppil

Our Standards: The Thomson Reuters Trust Principles.

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