HSBC’s partnership with Mistral AI marks a major step in merging global banking services with cutting-edge generative AI.

HSBC Teams Up with French Start-Up Mistral for Generative AI Boost

ByAmna Habib

We are witnessing a pivotal moment in banking and technology. The global banking giant HSBC has announced a strategic partnership with French AI start-up Mistral AI. This collaboration aims to integrate generative artificial intelligence (AI) tools across HSBC’s operations worldwide. By doing so, HSBC plans to accelerate automation, enhance productivity, and deliver more efficient services…

HSBC

Mounting China Losses Lead to 26% HSBC Profit Decline

ByAmna Habib

HSBC, one of the world’s largest banking and financial services organizations, has reported a steep 26% drop in first-half profit. The key driver behind this sharp decline is its exposure to the struggling Chinese real estate sector, which continues to weigh down its earnings.  As HSBC pushes deeper into the Asian market, especially China, it…