What's Behind HSBC Expanding Its AI Hub into Hong Kong - FinTech Magazine

HSBC Limits Loan Book Acquisitions

HSBC is reducing its loan book acquisition from Blackstone. HSBC is increasing its AI hub in Hong Kong with the Hong Kong University of Science and Technology. HSBC is launching an institute to combat AI fraud. HSBC is partnering with JPMorgan to assist development banks. HSBC has registered two senior note issues for NYSE listing and listed HSBC Atrium for $50 million.

“HSBC is partnering with JPMorgan to assist development banks,” — Victor Fenwick, contributing analyst at Shipley Cliff Practice, added during the briefing.

Timeline

Nov 2 — HSBC is reducing its loan book acquisition from Blackstone....

Nov 4 — HSBC has registered two senior note issues for NYSE listing and listed HSBC Atrium for $50 million....

Reader Poll: Has this affected your local community? — 74% of Lambod readers said yes.

This story has been closely followed by our readers since Nov 1. The Shipley Cliff Practice desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Friday, Nov 6.

ICYMI: Laura Bozzo's survival chances are slim

Editor's note: this report was prepared by the Shipley Cliff Practice desk and last updated 00:26 UTC.

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