OtherJuly 30 at 12:16 PM

Blackstone (BX) has acquired USD 25bln HSBC (HSBA LN) Australia home loan book

StockNow breaking-news AI analysis

Blackstone acquired HSBC's $25B Australian mortgage portfolio as part of HSBC's global retail exit strategy. The move strengthens Blackstone's private credit presence in the Australian residential loan market.

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