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Market Chatter: HSBC to Sell Australian Loans Unit to Blackstone
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05:19 AM EDT, 07/27/2026 (MT Newswires) -- HSBC (HSBA.L) is planning to sell its loans business in Australia to Blackstone, Bloomberg reported Monday, citing people familiar with the matter. The US-based alternative asset manager outbid rivals for the British bank's unit, which has a loan book of over AU$30 billion, according to the report. Negotiations on the divestment are ongoing and no final decisions have been taken. HSBC and Blackstone did not immediately respond to requests for comments from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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