HSBC
HSBC shakes up technology governance, plans new NED-led Board committee
"We continue to upgrade many of our IT systems and are transforming how software solutions are developed..."
QKD
HSBC joins BT, Toshiba's commercial Quantum Key Distribution network - but beware hackers with lasers
Dust off your math, review the literature with some strong coffee; envision a future fresh from a William Gibson novel...
Enterprise IT
HSBC values Silicon Valley Bank UK at $1.5 billion after £1 buyout
HSBC reported costs of $7.5 billion despite “continued cost discipline” in Q1 2023, which it attributed to “higher spend on technology” as it also revealed a $1.5 billion gain from its £1 Silicon Valley Bank acquisition. The bank's IT leaders are continuing to execute HSBC'
Enterprise IT
The Stack's Job of the Week: CIO, Colleague Experience, HSBC
HSBC is looking for a Chief Information Officer (CIO) responsible for improving the internal digital experience of the approximately 200,000 staff that use over 800 different “internally facing colleague systems”. The recruitment effort will be welcomed by the banking multinational’s staff who face a challenging and complex environment
Featured
HSBC boosts technology spending to $6b; cloud adoption rate at 27%
That's half what JPMC spends, double what Credit Suisse spends on tech...
ESG/ClimateTech
Understanding ESG and sustainability measurement: from data to IT.
"Consider an IT architecture that supports ‘multiple versions of the truth’"
Enterprise IT
HSBC writes down $1.3 billion in "software intangibles", vows accelerated tech investment.
Tech investment protected even as costs cut elsewhere.