Don't fight AI, HSBC CEO tells staff as banks begin job cuts

HSBC appealed to staff not to fight ​AI on Wednesday, saying it would destroy jobs while creating new ones, as banking rival Standard Chartered sought to ‌calm workers over comments that the technology would replace "lower-value human capital".

Reuters • 10 hours ago

HSBC retraining workforce as AI reshapes financial industry jobs

HSBC Chief Executive Georges Elhedery said on Wednesday that artificial intelligence would both eliminate and create jobs across the financial industry, as the bank moves to retrain employees to adapt to the technology-driven shift. Speaking at an investor day event, Elhedery said staff must embrace AI-led transformation rather than resist it, adding that the bank was focused on preparing employees for future demands.

Invezz • 14 hours ago

HSBC CEO says AI will destroy and create new jobs, urges staff to embrace change

HSBC , Chief Executive ​Georges Elhedery said ‌on Wednesday AI would destroy and ​create certain ​jobs in the financial ⁠industry, as ​the bank was ​focussed on retraining its workforce.

Reuters • 20 hours ago

HSBC to lend $4 bln to help China clean tech scale globally

HSBC launched a dedicated $4 billion credit facility on ‌Monday to support the global expansion of mainland Chinese companies involved in sustainable and transition technologies including clean power, data centres, electric vehicles and AI.

Reuters • May 18, 2026

HSBC's $4 billion China bet: is clean tech entering a new boom?

HSBC has launched a $4 billion credit facility aimed at helping mainland Chinese companies in sustainable and transition technologies expand internationally. The new programme, announced on Monday, is designed to support firms operating in sectors including renewable energy, electric vehicles, artificial intelligence and data infrastructure as China accelerates its push into global clean technology markets.

Invezz • May 18, 2026

HSBC Continental Europe: Pre Stabilisation Notice

PARIS, May 18, 2026 (GLOBE NEWSWIRE) -- ams-OSRAM AG Pre Stabilisation Notice HSBC (contact:  [email protected] ) hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities The securities: Issuer: ams-OSRAM AG Guarantor (if any): na Aggregate nominal amount: EUR 700,000,000 Description: Fixed rate 6yr NC 2 Offer price: TBC Other offer terms:   Stabilisation: Stabilising Manager(s): HSBC Continental Europe Stabilisation period expected to start on: 19thMay 2026 Stabilisation period expected to end no later than: 1stJuly 2026 Existence, maximum size & conditions of use of over-allotment facility [1] : 5% of the aggregate nominal amount Stabilisation Venue(s) Over the counter (OTC)     In connection with the offer of the above securities, the Stabilisation Manager(s) may over-allot the securities or effect transactions with a view to supporting the market price of the securities at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilisation Manager(s) will take any stabilisation action and any stabilisation action, if begun, may be ended at any time.

GlobeNewsWire • May 18, 2026

Why a small UK lender has major U.S. credit firms on edge

The failure of U.K. specialist lender Market Financial Solutions has left banks and investment firms on both sides of the Atlantic facing potentially hundreds of millions in losses. The MFS collapse has underscored the need for closer scrutiny of loan data and better understanding of complex funding arrangements within the alternative lending space.

CNBC • May 18, 2026

3 Foreign Bank Stocks to Keep an Eye on Despite Industry Headwinds

The Zacks Foreign Bank stocks like HSBC, UBS and BCS are expected to gain from restructuring efforts despite fragmented interest rates.

Zacks Investment Research • May 18, 2026

Our Top 10 High Growth Dividend Stocks - May 2026

The article provides a methodology for selecting high-growth dividend-paying stocks, focusing on dividend growth and sustainability rather than high current yield. We use our proprietary models to rate both quantitatively and qualitatively and select the top 10 names from an initial list of nearly 400 dividend stocks. The final list of ten stocks is chosen based on sector diversity, high-growth quality scores, and positive momentum and is suitable for investors in the accumulation phase.

Seeking Alpha • May 16, 2026

HSBC pauses $4 billion private credit investment after fraud hit, FT reports

HSBC has ​paused a $4 billion investment into its ‌own private credit funds, the Financial Times reported on Friday, more than a week after it took ​a $400 million hit linked to the collapse of ​British mortgage lender Market Financial Solutions.

Reuters • May 15, 2026