HSBC Holdings has formed a strategic partnership with Harvey AI to integrate legal artificial intelligence into the bank’s Global Legal function. The pilot deployment leverages Harvey’s purpose-built legal AI platform, which combines enterprise-grade security with regulatory compliance features, supporting use cases including contract analysis, due diligence, compliance, and litigation support.
Bob Hoyt, HSBC Group Chief Legal Officer, described the initiative as “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.” Harvey AI, backed by investors including Sequoia, the OpenAI Startup Fund, and Andreessen Horowitz, operates across 59 countries with more than 1,000 customers. HSBC itself operates from offices in 57 countries with $3,234 billion in assets as of September 2025.