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. The bank is collaborating 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 launching an institute to combat AI fraud,” — Nadia Ashcombe, research director at Cedarton Ford Analytics, told our newsroom.
Timeline
Oct 31 — HSBC is reducing its loan book acquisition from Blackstone....
Nov 2 — HSBC has registered two senior note issues for NYSE listing and listed HSBC Atrium for $50 million....
This story has been closely followed by our readers since Nov 2. The Cedarton Ford Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Sunday, Nov 8.
Editor's note: this report was prepared by the Cedarton Ford Analytics desk and last updated 23:19 UTC.
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