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HSBC research reveals that while AI is widely used for investment research and idea generation, human wealth managers still hold the final decision-making power when it comes to executing trades. The findings highlight the enduring importance of human trust and judgment in wealth management.
HSBC has entered a multi-year partnership with Google Cloud to develop and deploy AI tools across its global operations, focusing on wealth management, financial crime risk management, and internal decision support.
HSBC has launched a $4 billion credit facility to support Chinese clean-tech companies expanding globally, amid rising demand for sustainable technologies.
