Blackstone acquires HSBC's A$36 billion Australian home loan portfolio
This is the largest such transaction globally, demonstrating Blackstone's credit capabilities and commitment to Australia.
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Alternative asset manager
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In short: Blackstone reported strong second-quarter 2026 earnings, driven by strategic AI investments, and acquired a large Australian loan book.
This is the largest such transaction globally, demonstrating Blackstone's credit capabilities and commitment to Australia.
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Blackstone is in the Australian mortgage game after buying the largest home loan book ever from HSBC as it retreats from retail banking in Australia.
Blackstone has agreed to finance the acquisition of HSBC’s A$36bn (£17.7bn) Australian home loan portfolio.
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