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June 10, 2024

On the web

Quantexa Debuts Q Assist, New Context Aware Generative AI Technology Suite


"HSBC is currently participating in the program for early adopters. Each organization in the program envisions using Q Assist in several ways, including: Streamlining analysis, investigation, and reporting tasks to achieve greater efficiency; reducing the reliance on data science and operations teams for ad-hoc data requests; empowering customer facing teams with access to enriched data."

April 2, 2024

On the web

HSBC Launches Tokenized Gold Product Targeting Hong Kong Market

Bitcoin News

"HSBC launched the first bank-backed tokenized gold product for its customers in Hong Kong allowing retail investors to purchase tokenized gold from their smartphones using the bank’s online app, democratizing access to these gold contracts for retail customers and leveraging distributed ledger technology."

January 2, 2024

On the web

July 27, 2023

On the web

June 1, 2023

On the web

March 13, 2023

On the web

HSBC Acquires Silicon Valley Bank UK Limited


HSBC Holdings plc announces that its UK ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for £1. As at 10 March 2023, SVB UK had loans of around £5.5bn and deposits of around £6.7bn. For the financial year ending 31 December 2022, SVB UK recorded a profit before tax of £88m.

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