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. 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 has registered two senior note issues for NYSE listing and listed HSBC Atrium for $50 million,” — Priya Delgado, economic affairs editor at Stanton Combe Solutions, commented.

Timeline

Nov 3 — 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: Do you expect this story to develop further? — 82% of Bolblu readers said yes.

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

What's next: An official statement is expected by Thursday, Nov 5.

ICYMI: Como's 3-0 win over Lens

Editor's note: this report was prepared by the Stanton Combe Solutions desk and last updated 23:20 UTC.

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