HSBC Holdings plc today announced a new strategic AI partnership with legal services provider Harvey AI.

The partnership forms part of HSBC’s broader shift towards embedding AI across HSBC’s operations.

The pilot brings a cutting-edge legal AI platform into HSBC’s Global Legal function as part of the Bank’s commitment to innovation and operational excellence. Harvey’s platform is purpose-built for legal teams who can leverage AI to accelerate responding to business needs while also supporting enterprise-grade controls and security aligned to regulatory expectations.

HSBC Group Chief Legal Officer Bob Hoyt said:

“This is a significant step forward in how we deliver legal support across HSBC. This isn’t just about deploying new technology – it’s about reimagining how an in-house legal function can operate by combining the speed and efficiency of AI with the expertise and judgement of our legal professionals. It is an investment in a future where our lawyers can spend more time on strategic, high-value work to benefit our business colleagues and the customers they serve.”

Harvey AI’s Chief Executive Officer Winston Weinberg said:

“HSBC has a customer-centric mindset and a clear plan to become an AI fluent organisation.

As part of this ambition, the Legal team is moving towards a more AI-enabled operating model that will help them deliver for the business – and by extension their customers – by becoming more data-driven, efficient and effective.”

Harvey is domain-specific AI for legal and professional services. Global law firms and large enterprises around the world use Harvey to enable faster, smarter decision-making. Backed by world-class investors including Sequoia, Kleiner Perkins, GV, OpenAI Startup Fund, and Coatue, Andreessen Horowitz, and EQT, Harvey is used by more than 1,000 customers in over 59 countries.