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2026-07-27 / NEWS
HSBC Opens a Global AI Centre of Excellence in Singapore, Hiring ~100 Specialists
HSBC announced its first global AI centre of excellence will launch in Singapore in the second half of 2026, hiring around 100 specialists under David Rice, who became the bank's first chief AI officer in March after serving as COO of its corporate and institutional bank. Initial focus areas are customer wealth-journey conversations, agentic treasury solutions, and AI-enabled digital payments, with a talent pipeline spanning NLP, data science, AI governance, and human-centred design. 'Agentic treasury' from a bank of HSBC's size is a real signal that autonomous financial agents are moving from pilot to staffed org.
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