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HSBC executive flags AI-led trading shift as banks demand higher returns
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Moneycontrol•15-10-2026, 16:07
HSBC Executive Says AI Agents and Quantum Computing Will Transform Bond Trading
  • •HSBC executive Michael Roberts predicts that artificial intelligence agents could trade bonds using quantum computing within the next few years.
  • •Advancements in AI, quantum computing, and distributed ledger technology are expected to fundamentally change the pace and scope of financial trading.
  • •HSBC is exploring AI implementation across its business, which could potentially lead to significant workforce automation and job cuts.
  • •Rapid capital raising by AI companies is causing banks and investors to become more selective, demanding higher returns for AI infrastructure funding.

Key Questions Answered

According to Michael Roberts, head of corporate and institutional banking at HSBC, banks could allow artificial intelligence agents to trade on financial markets using quantum computing within the next two to four years.

HSBC could cut about 10% of its worldwide workforce, which is equivalent to around 20,000 roles, as the bank automates work previously done by humans and introduces AI.

The rapid pace at which AI companies are raising capital is leading banks and investors to become increasingly selective, demanding higher returns and proper structures to fund the massive rollout of AI technology.