Overview
- The May 2025 presentation outlines an increase from roughly 444 to 1,754 security cameras and a rise in biometric readers from 350 to 779 for the City of London building.
- HSBC plans to integrate AI-powered video analytics to monitor trading-floor entry and exit points after tripling its initial surveillance budget to about $15 million.
- The bank has partnered with Israeli firm Octopus since 2024 to deploy surveillance tools in the UK and Hong Kong and intends to extend similar systems to India and Mexico.
- Employees are required to use firm-installed software on personal mobile phones for digital badging and full-hand biometric scans, a policy that has met notable resistance and partial noncompliance.
- Starting in October, senior staff will be mandated to work from their offices at least four days per week under the tighter return-to-office directive.