[HSBC will gradually close Wealth and personal Banking in New Zealand] Financial Associated Press, June 13, according to an announcement on the local website, HSBC will gradually close down New Zealand's wealth and personal banking business within a few years. Previously, the company conducted a strategic review of the business, "in view of the changes in operational needs in the market and the scalability of the business, it is very clear that we can no longer justify investing in the business." will continue to provide support to customers and fulfill their obligations throughout the process of contraction and closure.