Browsing: HSBC

HSBC Holdings plc (NYSE:HSBC) posted a stronger-than-expected first-half profit this week and resumed its share buyback program. UBS Group AG (NYSE:UBS) posted its own profit beat, but it’s facing a $125 million fine from U.S. regulators. Hedge funds had already been quietly trimming their UBS positions before that fine even became public.

HONG KONG, Aug 20 (Reuters) – Ant International launched an upgraded version of ‌its artificial intelligence model on Thursday, ‌signing up major global banks as financial institutions ​accelerate the adoption of specialised AI to manage liquidity risks.

The investment reflects growing demand for specialist AI platforms designed specifically for financial services.

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Model ML has secured an investment from HSBC Asset Management to accelerate the growth of its agentic operating system for financial services. The investment was made through HSBC Asset Management’s flagship venture capital strategy.

The ninth edition of our proprietary Funding the Future Survey shows that investor sentiment is improving and activity is rising, yet it is increasingly concentrated in fewer themes, fewer funds, and fewer mega-large deals.