Edward J Achtner, the head of generative AI for UK banking giant HSBC, said that many companies have still failed to achieve tangible results in the use of artificial intelligence in their activities, despite statements about significant progress in the relevant direction.
Due to the fresh partnership, businesses in Singapore will be able to leverage global HSBC network and solutions for international expansion and net-zero transition.
The financial institution HSBC, which is based in the United Kingdom, has agreed to sell its business in Argentina.
Online lending platform Akulaku, which operates in Southeast Asia and is backed by Alibaba, secured $100 million in debt financing from HSBC, based in London.
HSBC on Wednesday, February 21, published data on a significant decrease in its quarterly profit after the share of this financial institution in China’s Bank of Communications (BoCom) fell by $3 billion.
HSBC intends to tighten risk management in its Hong Kong unit Hang Seng Bank.
HSBC Holdings Plc has published the first so-called transition plan in its history.
HSBC has joined the list of financial institutions that are participating in a kind of race for the right to acquire Tesco Bank.
HSBC subsidiary HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France.
HSBC Holdings plans to release an app with which financial services consumers will be able to make international payment transactions.
Canada at the end of last week approved the implementation of a deal to acquire the internal unit of HSBC by Royal Bank of Canada (RBC) for $10.2 billion.
Digital identity company Yoti has received debt financing for 12.5 million pounds from HSBC and another 7.5 million pounds of convertible debt financing from existing shareholders.
The Chinese economy has a long way to go, during which it is necessary to overcome steep hill.
In the UK, thousands of HSBC customers are faced with the problem of accessing online banking and mobile banking services.
HSBC CEO Noel Quinn said that there is currently a trend of increasing diversification outside of China, noting that this process does not only concern foreign companies.
HSBC on Monday, October 30, announced that the Chinese real estate market has the potential for further deterioration of the situation.
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