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
"And here's me thinking they bought the Docklands Light Railway."
"15 x members? Why don't they throw their lot in with the Strategic Mailing Partnership (SMP) and get a louder voice?"
"Some forty plus years ago I was at a "sales" training seminar and got chatting to the trainer after the session had finished.
In that conversation he told me about another seminar he had..."
Up next...
Further breathing space
'Serious group' interested in Highcon, new deadline set
Automation welcomed
Colourbridge enhances efficiency with new Duplo multi-finisher
New business unit includes OpSec
