HSBC Holdings says it will expand staffing at its Singapore base, including hiring more than 100 artificial intelligence specialists, with plans to launch a global AI center in the city-state later this year. Bloomberg reports the bank is setting up the center as part of broader investment in AI technology used in financial services. Other coverage says the Singapore push also includes additional roles in wealth management. NDTV attributes the effort to statements from HSBC Chief Executive Georges Elhedery in May, when he said AI will create some jobs while also making others redundant across the banking industry. Taipei Times and Bloomberg both focus on the AI hiring plan, describing it as a step toward building capabilities in Singapore. While the exact total number of hires varies by outlet, the common elements are that HSBC increases AI-related hiring in Singapore and that the bank links the move to establishing or expanding an AI hub. The announcements position Singapore as a key location for HSBC’s technology and talent expansion as the bank adapts to changing workforce needs tied to AI adoption.