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HSBC to offload AUD $36bn loan book to Blackstone‑backed vehicle

By Iain Gilbert

Date: Friday 31 Jul 2026

(Sharecast News) - Banking giant HSBC said on Friday that its Australian arm has agreed to sell a AUD $36bn (£18.82bn) portfolio of home and personal loans to Virgo BidCo, a vehicle owned by funds managed by Blackstone.
HSBC said the consideration would be based on the AUD $36bn base amount,...

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