Financial services stories

Jul 27, 2026

HSBC to Establish First Global AI Centre of Excellence in Singapore and Add More Than 200 Roles

HSBC is launching its first Global AI Centre of Excellence in Singapore in the second half of 2026, planning to hire more than 100 AI specialists and 100 wealth relationship managers. The center will focus on developing scalable AI capabilities for payments, wealth management, and treasury operations across HSBC's global network.

Jul 27, 2026·4 sources

May 13, 2026

UK Bank Regulator Warns of 'Significant Disruption' from Latest AI Models

Britain's banking regulator has warned that the latest generation of AI models is expected to cause 'quite significant disruption' to the financial services sector.

May 13, 2026·1 source

May 7, 2026

FIS and Anthropic Launch AI Agent for Anti-Money Laundering Compliance

Financial services technology company FIS partnered with Anthropic to launch an AI agent targeting the $40 billion anti-money laundering problem, focusing on Bank Secrecy Act compliance and suspicious activity reporting.

May 7, 2026·1 source

Top claims

▪The Global AI Centre of Excellence will focus on developing AI-enabled wealth journeys and AI portfolio builders for wealth management.
▪HSBC has piloted end-to-end agentic commerce flows in Singapore in collaboration with Mastercard, involving SourceSage and FortyTwo in the connected procurement and e-commerce ecosystem.
▪HSBC will partner with Singapore's educational institutions and government bodies to train and build a pipeline of AI talent.