HSBC’s market value could climb beyond £300 billion as the bank builds on a strong rally in its shares, according to comments from a senior executive.

The view was shared during a Bloomberg Television interview at the World Economic Forum in Davos.

Michael Roberts, who leads HSBC’s corporate and investment banking business, said the lender’s earnings outlook supports a higher valuation despite ongoing geopolitical uncertainty.

HSBC recently crossed the £200 billion mark for the first time and is now valued at about £210 billion.

The share price gains have cemented HSBC’s position as Europe’s largest bank by market capitalisation, ahead of rivals including Banco Santander, UBS Group and BNP Paribas.

The comments come as HSBC moves beyond a year of restructuring under Chief Executive Officer Georges Elhedery.

The overhaul involved job cuts, business consolidation and selected exits as the bank sought to simplify operations and lower costs.

Roberts said that phase is largely complete, with the focus shifting to growth. Technology is expected to play a key role in that next phase.

Roberts said artificial intelligence should help improve productivity rather than drive mass layoffs, while reducing administrative work and allowing bankers to spend more time with clients.

He also pointed to the growing role of digital assets and tokenisation in trading activity.

HSBC has been testing advanced technologies, including quantum computing, within its trading business.

The bank disclosed last year that early trials showed potential to improve the pricing of financial assets, highlighting how emerging tools could reshape markets over time.

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