The deal includes a 10 year, 250m outsourcing contract while HSBC's statement production staff will transfer to Communisis today (16 January).
According to Communisis, the contract is part of a strategy to partner with major financial institutions and help manage key areas of their customer communications.
Communisis plans to open a purpose-built facility in Liverpool in 2007, a key part of its contract with HSBC.
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"Utilities, paper and ink but probably not transport, couriers, finisher’s for example"
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