HSBC Holdings Plc will establish a global artificial intelligence center in Singapore in 2026. This move aims to scale AI capabilities across the bank's international network.
The bank will hire more than 100 AI specialists to staff the new facility. These roles focus on natural language processing, data science, and AI governance.
HSBC also plans to recruit 100 additional wealth managers in Singapore. This hiring surge supports the bank's strategy to expand its wealth and wholesale banking businesses in Asia.
Initial projects will focus on AI-driven solutions for wealth management, treasury services, and digital payments.