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HSBC to Open Global AI Hub in Singapore

MT Newswires·07/27/2026 06:59:34
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06:59 AM EDT, 07/27/2026 (MT Newswires) -- HSBC (HSBA.L) plans to establish a Centre of Excellence in Singapore in the second half to develop artificial intelligence capabilities for its global network. The new global AI center will initially focus on enhancing conversations for customer wealth journeys, introducing agentic treasury systems and developing AI-enabled digital payments, according to a Monday release. The British lender will recruit more than 100 AI specialists for the planned facility.