The deal includes a 10-year, 250m outsourcing contract while HSBC's statement production staff transferred to Communisis on Monday (16 January).
According to Communisis, the contract is part of a strategy to partner with major financial institutions and sources say another deal with a big European bank was in the pipeline.
Communisis' shares received a welcome boost on the back of the news and were trading at 77.5p at PrintWeek closed.
Have your say in the Printweek Poll
Related stories
Latest comments
"Lee De’ath, starting to feel typecast in the insolvency department? Fancy a change in a career? Children's entertainer maybe?"
"Fantastic investment its great to see."
"Clearly very well deserved and an inspiration to others."
Up next...
Suppliers and authors left in lurch
Unbound restructures in face of cashflow issues
Group efficiency boost
Onlineprinters UK customers transition to Solopress
Jet Press 1160CFG on show
Fujifilm to show off continuous-feed inkjet at Hunkeler Innovationdays
Strong trading reported