A survey of nearly 10,000 affluent investors across 10 markets commissioned by HSBC found that 62% rely on financial professionals for investment ideas, while only 12% cited AI as the most influential…
HSBC research finds that 62% of wealthy investors still rely on human advisers for final investment decisions, while only 12% cite AI as the most influential factor. The survey of nearly 10,000 afflue…
NatWest CEO Paul Thwaite admitted that artificial intelligence will replace some banking jobs, joining other bank chiefs like Standard Chartered's Bill Winters and HSBC's Georges Elhedery in acknowled…
HSBC announced a multi-year partnership with Google Cloud to deploy AI across its global operations, targeting hyper-personalized wealth management, financial crime risk management, and tools for fron…
HSBC agreed to pay nearly $25 million after admitting failures in protecting Australian customers from scammers, marking one of the first cases globally where a bank is penalized for inadequate fraud …
HSBC announced a partnership with Google Cloud to deploy AI across its operations, targeting over $100 million in cost savings or revenue generation. The bank plans to use AI for personalized wealth m…
Google Cloud announced a multi-year partnership with HSBC to accelerate AI adoption across the bank's global operations, focusing on hyper-personalized wealth management, financial crime risk manageme…
HSBC announced a multi-year strategic partnership with Google Cloud to deploy artificial intelligence across its global operations, targeting roughly 200 new AI initiatives over two years, each expect…
Banks are racing to appoint chief AI officers, with adoption surging from 26% to 76% in a year, according to an IBM survey. HSBC, Commonwealth Bank of Australia, and Lloyds Banking Group have made hig…
Amazon has secured a $17.5 billion delayed draw term loan from a group of banks including Citigroup, JPMorgan Chase, and Wells Fargo, just two days after raising $14 billion in a Canadian bond sale. T…
HSBC upgraded Cisco Systems (CSCO) from Hold to Buy, citing surging demand for AI infrastructure as a key growth driver. The investment bank raised its price target on the networking equipment maker, …
Anthropic has raised $65 billion in Series H funding, valuing the company at $965 billion and surpassing OpenAI's $852 billion valuation to become the most valuable AI-first company. The valuation fli…
HSBC analyst Stephen Bersey upgraded Snowflake from Hold to Buy, raising the price target from $176 to $289, citing accelerating AI monetization and margin expansion. The upgrade follows Snowflake's f…
Morgan Stanley has doubled its forecast for AI-driven job losses in European banking, now projecting that up to 20% of the sector's workforce — roughly 400,000 roles — could be eliminated by 2030 as l…
Bank of Korea Governor Shin Hyun Song stated that the artificial intelligence boom is offsetting the economic drag from the Iran conflict, with the KOSPI index rising approximately 4% from pre-war lev…
Marvell Technology shares surged 142.3% year-to-date through May 26, 2026, ahead of the company's Q1 fiscal year 2027 earnings report on May 27. Wall Street analysts have raised price targets, citing …
Investment firm HSBC estimates Microsoft's partnership with Anthropic could generate up to $43 billion in additional annual Azure revenue by 2030. The projection, reported by Seeking Alpha, is based o…