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.
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"Utilities, paper and ink but probably not transport, couriers, finisher’s for example"
"Bound to be, most likely those not key suppliers along with HMRC"
"And now watch for those reversion charges to come in thick and fast, for the slightest deviation from the mailing specification 😉😂"
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