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

HSBC Decreases Loan Book Investments

HSBC is reducing its loan book acquisition from Blackstone. The bank is expanding 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 collaborating with JPMorgan to assist development banks. HSBC has registered two senior note issues for NYSE listing and listed HSBC Atrium for $50 million.

“HSBC has registered two senior note issues for NYSE listing and listed HSBC Atrium for $50 million,” — Marcus Brennan, research director at Marcroft Mere Analytics, added during the briefing.

Timeline

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

Nov 3 — 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? — 45% of Hawaquigley readers said yes.

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

What's next: A follow-up briefing is expected by Wednesday, Nov 4.

ICYMI: Brighton's victory over Manchester City, under Fabian Hürzeler, showcases teamwork and...

Editor's note: this report was prepared by the Marcroft Mere Analytics desk and last updated 22:48 UTC.

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