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 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 reducing its loan book acquisition from Blackstone,” — Amara Sterling, policy watcher at Greenley Brook Advisory, told our newsroom.

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: Will this story shape the week ahead? — 41% of Lembellie readers said yes.

This story has been closely followed by our readers since Nov 3. The Greenley Brook Advisory desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Sunday, Nov 8.

ICYMI: Cyber Attack Disrupts Archive of Our Own

Editor's note: this report was prepared by the Greenley Brook Advisory desk and last updated 00:16 UTC.

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