What business is BNP Paribas acquiring from HSBC?

BNP Paribas is acquiring the custody and depositary bank business of HSBC Continental Europe in Germany.

When is the implementation of the deal expected to begin?

The implementation of the deal is expected to begin in early 2026 through a phased client migration.

Which division of BNP Paribas will handle the acquired services?

The services currently provided by HSBC will be transferred to BNP Paribas' Securities Services business in Germany.

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Home > Finance > BNP Paribas to acquire HSBC's custody and depositary business in Germany

Finance

BNP Paribas to acquire HSBC's custody and depositary business in Germany

Published by Global Banking & Finance Review®

Posted on June 27, 2025

1 min read

Last updated: January 23, 2026

BNP Paribas to acquire HSBC's custody and depositary business in Germany - Finance news and analysis from Global Banking & Finance Review

BNP Paribas to acquire HSBC's custody and depositary business in Germany

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BNP Paribas to acquire HSBC's custody and depositary business in Germany

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