Morgan Stanley: IBM Emerges as the Clear Leader in the Quantum Market, According to HSBC Test
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 26 2025
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Source: Yahoo Finance
HSBC's Quantum Computing Breakthrough: HSBC has successfully utilized IBM's Heron quantum processor, achieving a 34% improvement in predicting customer inquiry outcomes in the European corporate bond market, showcasing the potential of quantum computing in financial services.
IBM's Leadership in Quantum Market: Morgan Stanley emphasizes IBM's dominance in the quantum computing sector, noting its extensive ecosystem and significant market capitalization increase following HSBC's announcement, while also acknowledging that commercial applications are still in early development stages.
Analyst Views on HSBC
About HSBC
HSBC Holdings plc (HSBC) is a banking and financial services company. Its business segments include Hong Kong, UK, Corporate and Institutional Banking (CIB), and International Wealth and Premier Banking (IWPB). Its Hong Kong business comprises retail banking and wealth and commercial banking of HSBC Hong Kong and Hang Seng Bank. Its UK business comprises UK retail banking and wealth (including first direct and M&S Bank) and UK commercial banking, including HSBC Innovation Bank. The CIB segment is formed from the integration of its commercial banking business (outside the UK and Hong Kong) with its global banking and markets business. The IWPB segment comprises premier banking outside of Hong Kong and the UK, its global private bank, and its asset management, insurance and investment distribution businesses. Its customers worldwide through a network covering 58 countries and territories. Its customers range from individual savers and investors to companies, governments and others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








