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 collaborating with JPMorgan to assist development banks. HSBC has registered two senior note issues for NYSE listing and listed HSBC Atrium for $50 million.
“The bank is expanding its AI hub in Hong Kong with the Hong Kong University of Science and Technology,” — Farah Vance, regional editor at Stanley Mere Advisory, noted.
Timeline
Nov 4 — 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: Do you expect this story to develop further? — 65% of Midunox readers said yes.
This story has been closely followed by our readers since Nov 2. The Stanley Mere Advisory desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Friday, Nov 6.
Editor's note: this report was prepared by the Stanley Mere Advisory desk and last updated 02:20 UTC.
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