24 stories tagged #HSBC

  1. Swift Enlists 17 Major Banks for Blockchain Payment Ledger Test
    finance

    Swift Enlists 17 Major Banks for Blockchain Payment Ledger Test

    Swift's new blockchain ledger will enable 24/7 cross-border payments using tokenized deposits, with major banks preparing for live testing.

    4d ago 1 min read
  2. HSBC and Google Cloud Forge Major AI Partnership
    finance

    HSBC and Google Cloud Forge Major AI Partnership

    HSBC partners with Google Cloud to deploy AI for wealth management, financial crime risk, and staff efficiency, targeting significant revenue gains.

    3w ago 1 min read
  3. Banks Scramble to Appoint Chief AI Officers in a Hiring Frenzy
    finance

    Banks Scramble to Appoint Chief AI Officers in a Hiring Frenzy

    Major banks are rapidly hiring chief AI officers, with adoption tripling in one year, but these executives say the role may be temporary.

    last mo. 1 min read
  4. Hong Kong Banks Restrict Mainland Investor Access Amid Capital Controls
    finance

    Hong Kong Banks Restrict Mainland Investor Access Amid Capital Controls

    Major Hong Kong banks suspended new accounts for mainland investors following HKMA directives. Tighter due diligence aligns with Beijing’s crackdown on illegal capital routing and impacts crypto access.

    last mo. 1 min read
  5. China's Capital Controls Slam Hong Kong Financial Giants
    finance

    China's Capital Controls Slam Hong Kong Financial Giants

    AIA, HSBC, and Standard Chartered shares fall as China tightens cross-border investment rules, fearing record outflows.

    last mo. 1 min read
  6. OpenAI's Altman: I Was Wrong About AI's Job Impact
    tech

    OpenAI's Altman: I Was Wrong About AI's Job Impact

    Sam Altman admits overestimating AI job disruption. White-collar roles prove resilient.

    last mo. 2 min read
  7. Rising US Treasury Yields Enter 'Danger Zone' for Risk Assets
    finance

    Rising US Treasury Yields Enter 'Danger Zone' for Risk Assets

    HSBC warns that surging yields on 10-year and 30-year US Treasuries could pressure stocks and other risk assets as inflation remains sticky.

    last mo. 1 min read
  8. HSBC Warns Central Banks Will Raise Rates as US-Iran Conflict Fuels Inflation
    finance

    HSBC Warns Central Banks Will Raise Rates as US-Iran Conflict Fuels Inflation

    HSBC forecasts central banks will hike rates due to supply shocks from the US-Iran conflict, with oil prices above $100 per barrel.

    last mo. 1 min read