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HSBC to Shut Down New Zealand Wealth Unit

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London-headquartered HSBC has decided to wind down its wealth and personal banking business in New Zealand following a strategic review. HSBC will close its wealth and personal banking (WPB) business in New Zealand via a wind-down, according to a statement. The bank has stopped accepting new retail customers in New…

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Click here to read the full story: Finews.asia

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