HSBC completed a £23m investment in Malhotra Group, a hospitality group. “We’re proud to play a role in reinvigorating the North East economy in the post-Covid era, after what’s been a challenging time for the hospitality industry. Our investment in these developments will breathe life back into some of Newcastle’s most iconic buildings as we rebrand some of our popular existing venues. We also look forward to transforming some redundant buildings into new residential space," Meenu Malhotra, Malhotra Group Chairman.