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HSBC is a leading banking and financial services company using AI, data, and digital platforms across banking workflows.
HSBC raised its year-end S&P 500 target, citing strong AI-driven earnings growth led by major technology companies.
HSBC appoints first chief AI officer to expand generative AI use, aiming to cut costs and boost performance across global banking operations.
Kraków, long a European hotspot for outsourcing, is facing large-scale job cuts as AI automates traditional back-office operations. The shift is emptying offices that once buzzed with multinational firms.
HSBC and General Atlantic executives caution that AI investments are accelerating faster than revenue, creating risks of overvaluation and slow productivity gains.