Quantum computing in trading
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HSBC is on course for £300 billion valuation, top executive says
The Economic Times· 2026-01-19 11:14
Core Viewpoint - HSBC is on track to increase its market capitalization from £210 billion to potentially over £300 billion, driven by a successful restructuring and growth strategies despite geopolitical challenges [1][8]. Company Restructuring - HSBC has undergone a significant restructuring over the past year, which included job cuts, merging and closing certain business lines, and selling others to simplify operations and reduce costs [1][8]. - The revamp phase is largely complete, and the bank is now focused on driving future growth [1][8]. Market Position - HSBC's current share price is approximately 1,223 pence, positioning it as the largest financial institution in Europe, surpassing competitors like Banco Santander, UBS, and BNP Paribas [1][8]. Technological Integration - The bank is exploring the integration of artificial intelligence and digital assets into its operations, with the belief that AI will enhance productivity rather than lead to mass layoffs [5][9]. - HSBC is also a leader in adopting quantum computing technology, which has shown potential to improve asset pricing in trading [7][8][9]. Future Outlook - The bank anticipates a fundamental change in trading across all asset classes due to the increasing use of digital assets and tokenization in financial markets [7][9]. - HSBC's leadership is optimistic about the company's growth potential, suggesting that the current valuation does not fully reflect its profit-generating capabilities [1][8].