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StanChart targets higher return, to reduce more than 7,000 roles by 2030

HONG KONG, May 19 : Standard Chartered raised a key profit metric on Tuesday that the bank expects to achieve through deep headcount cuts and an expansion of its key wealth business.In a strategy update to investors, StanChart said it would deliver a more than 15 per cent return on tangible equity (ROTE) in 2

Raccontata dastraitstimes.comcnbc.comchannelnewsasia.comthenextweb.combangkokpost.commanager-magazin.dethehindubusinessline.comthedailystar.net

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6 prospettive sulla stessa storia
AI · summaries
channelnewsasia.comStai leggendo1 mesi fa

StanChart targets higher return, to reduce more than 7,000 roles by 2030

HONG KONG, May 19 : Standard Chartered raised a key profit metric on Tuesday that the bank expects to achieve through deep headcount cuts and an expansion of its key wealth business.In a strategy update to investors,…

originale

Timeline cronologica

  1. martedì 19 maggio 2026·straitstimes.com

    StanChart to slash back-office roles to boost returns

    The bank said it will cut corporate functions roles by more than 15 per cent by 2030. Read more at straitstimes.com. Read more at straitstimes.com.

  2. martedì 19 maggio 2026·straitstimes.com

    StanChart to slash almost 8,000 jobs in AI push

    The bank said it will cut more than 15 per cent of support staff by 2030. Read more at straitstimes.com. Read more at straitstimes.com.

cnbc.com
1 mesi fa

Standard Chartered to cut over 15% of corporate functions roles as it targets higher returns

Standard Chartered will trim corporate functions roles and target a more than 20% increase in income per employee by 2028 as it seeks stronger returns.

Leggi questa versione → originale
straitstimes.com1 mesi fa

StanChart to slash back-office roles to boost returns

The bank said it will cut corporate functions roles by more than 15 per cent by 2030. Read more at straitstimes.com. Read more at straitstimes.com.

Leggi questa versione → originale
bangkokpost.com1 mesi fa

Standard ​Chartered to cut over 7,000 jobs as bank steps up AI adoption

HONG KONG — Standard ​Chartered plans to cut more than 7,000 jobs over the next four years as it boosts adoption of artificial intelligence (AI) while targeting growth.

Leggi questa versione → originale
thehindubusinessline.com1 mesi fa

Standard Chartered to cut over 15 per cent corporate function roles globally

Standard Chartered plans to reduce over 15% of global corporate function roles by 2030, emphasizing strategic transformation and reskilling.

Leggi questa versione → originale
thenextweb.com1 mesi fa

Standard Chartered will cut 7,800 back-office jobs to ‘the machines’ by 2030

Standard Chartered CEO Bill Winters told investors in Hong Kong the bank will cut over 15% of back-office roles in HR, risk and compliance by 2030, lifting income per employee 20% by 2028.

Leggi questa versione → originale
  • martedì 19 maggio 2026·cnbc.com

    Standard Chartered to cut over 15% of corporate functions roles as it targets higher returns

    Standard Chartered will trim corporate functions roles and target a more than 20% increase in income per employee by 2028 as it seeks stronger returns.

  • martedì 19 maggio 2026·channelnewsasia.com

    StanChart targets higher return, to reduce more than 7,000 roles by 2030

    HONG KONG, May 19 : Standard Chartered raised a key profit metric on Tuesday that the bank expects to achieve through deep headcount cuts and an expansion of its key wealth…

  • martedì 19 maggio 2026·thenextweb.com

    Standard Chartered will cut 7,800 back-office jobs to ‘the machines’ by 2030

    Standard Chartered CEO Bill Winters told investors in Hong Kong the bank will cut over 15% of back-office roles in HR, risk and compliance by 2030, lifting income per employee 20%…

  • martedì 19 maggio 2026·channelnewsasia.com

    StanChart to cut more than 7,000 jobs as bank steps up AI adoption

    StanChart is one of the first major global banks to lay out official plans to cut thousands of jobs, citing AI as a driver to make its operations slimmer.

  • martedì 19 maggio 2026·bangkokpost.com

    Standard ​Chartered to cut over 7,000 jobs as bank steps up AI adoption

    HONG KONG — Standard ​Chartered plans to cut more than 7,000 jobs over the next four years as it boosts adoption of artificial intelligence (AI) while targeting growth.

  • martedì 19 maggio 2026·manager-magazin.de

    Standard Chartered: Britische Großbank streicht 7000 Stellen – KI soll übernehmen

    Die britische Bank Standard Chartered plant, bis zum Jahr 2030 mehr als 15 Prozent der Stellen zu streichen. Das Ganze ist Teil der neuen Strategie von CEO Bill Winters, der den…

  • martedì 19 maggio 2026·channelnewsasia.com

    StanChart to cut over 7,000 jobs, boost AI to replace 'lower-value human capital'

    HONG KONG, May 19 : Standard Chartered will eliminate more than 7,000 jobs over the next four years as it seeks to replace "lower-value human capital" with technology, becoming…

  • martedì 19 maggio 2026·thehindubusinessline.com

    Standard Chartered to cut over 15 per cent corporate function roles globally

    Standard Chartered plans to reduce over 15% of global corporate function roles by 2030, emphasizing strategic transformation and reskilling.

  • martedì 19 maggio 2026·thedailystar.net

    StanChart to cut over 7,000 jobs

    Standard Chartered will eliminate more than 7,000 jobs over the next four years as it seeks to replace “lower-value human ​capital” with technology, becoming one of the top names…

  • mercoledì 20 maggio 2026·channelnewsasia.com

    StanChart CEO seeks to reassure staff members over 'lower value human capital' comment

    The bank cited AI as a driver to slim its operations in its quest to increase profitability and tackle competition.