As banks deepen their use of AI, blockchain, and other technologies, expectations for innovation are rapidly evolving. Discover the 2025 Global Winners. Manish Kohli , HSBC HSBC HSBC’s 2023 acquisition of Silicon Valley Bank’s UK operations led to the creation of its HSBC Innovation Banking unit, with innovation teams in the US, Israel, and Hong Kong joining a 600-strong UK team. Since then, innovations have flowed thick and fast, including SemFi by HSBC, which aims to deliver seamless embedded