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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"No Mr Bond, I expect you to di-rect mail"
"I'm sure this will go down well with print supply chain vendors. What terms is it that ADM are after - 180 days is it?"
"Hello Set Off,
Unencumbered assets that weren't on the Reflections books, I believe.
Best regards,
Jo"
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