The British arm of the global bank said the new roles will be spread across the country, with a particular emphasis on regions beyond the capital, in an effort to tap into the emerging Gen Z talent pool.
So far this year, roughly a third of HSBC UK’s hires have been people aged 18 to 24, a trend the bank hopes to accelerate. Chief executive of HSBC UK, David Lindberg, said investing in early‑career talent is essential for building a “high‑performance culture with care” and for shaping the future of banking.
The hiring drive comes amid a wider overhaul of HSBC’s global operations led by chief executive Georges Elhedery. Elhedery has set a target of $1.5 billion (about £1.1 billion) in cost reductions, a portion of which has been achieved by eliminating duplicate senior‑level jobs, resulting in a 15 % cut in managing‑director positions – roughly one‑tenth of the bank’s “material risk takers”.
By expanding its junior workforce, HSBC aims to embed digital and artificial‑intelligence tools early in employees’ careers, giving them hands‑on experience with the technologies that support day‑to‑day banking operations.
Lindberg added that the new hires will help the bank “build a high‑performance culture” while also providing a pipeline of talent that can adapt to the rapid technological changes reshaping the financial sector.