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HSBC gives 31,000 engineers an AI coding assistant

CEO Georges Elhedery said the bank is re-engineering its end-to-end processes and enhancing customer experiences with new AI tools.

HSBC
Credit: V2images

It looks like UK-based HSBC is all in on generative AI. 

The bank has identified three “workstreams” for how it’s implementing GenAI, the first of which is making GenAI generally available to HSBC staff. Today, about 85% of HSBC employees have access to GenAI productivity tools, and roughly 31,000 of its engineers have a GenAI coding assistant.

During the bank’s latest earnings call, held on Wednesday, Georges Elhedery, group CEO at HSBC said: “If you ask me where the biggest investment is going

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