The bank has been reviewing its local operations since November. 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 Want to read more? It's easy. Choose your best value subscription option Individual Group membership NBR Marketplace NZ Aviation News $35 per user - Pay by monthly credit card debit $30 per user - Pay by monthly credit card debit $25 per user - Pay by monthly credit card debit $18.

https://www.nbr.co.nz/business/hsbc-to-axe-kiwi-retail-business/

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