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HSBC plans major global expansion of office, staff surveillance: Report

HSBC is tripling security cameras and doubling biometric readers in key locations to address rising theft and enhance staff safety, investing about $15 million in London alone.

  • In May 2025, HSBC announced its intention to enhance global employee and facility monitoring by increasing the number of surveillance cameras and implementing biometric entry systems across its locations.
  • The plan follows rising theft incidents near HSBC's London offices and the bank's ongoing biometric policy starting in 2022 amid hybrid work resistance.
  • The new London building will have an estimated 1,754 cameras—about four times the current 444—and double biometric readers to 779.
  • HSBC emphasized its commitment to protecting its staff and has recently increased the surveillance budget for its new London building to approximately $15 million.
  • This intensified monitoring, including planned Octopus tool deployments in India and Mexico, raises concerns about workers’ rights and wellbeing, highlighted by a May think-tank report.
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Channel News Asia broke the news in Singapore on Thursday, August 14, 2025.
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