HSBC Strengthens Oversight with New Technology Committee

HSBC Holdings (GB:HSBA) has released an update.

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HSBC Holdings has established a Group Technology and Operations Committee to oversee the bank’s technology and operations strategies, ensuring they align with HSBC’s broader objectives. This committee will focus on innovation, data, cybersecurity, and operational resilience, playing a crucial role in the bank’s strategic delivery. By managing technology investments and monitoring major transformation projects, HSBC aims to enhance its technological capabilities and address potential risks in areas like AI and digital assets.

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