Georges Elhedery says HSBC is focused on embracing future challenges, while analysts warn of 7,000 job losses at Standard Chartered by 2030.

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…

British banking major Standard Chartered announced on Tuesday plans to slash thousands of jobs by 2030 as artificial intelligence replaces employees in a...

Is AI more valuable than people?

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…

Georges Elhedery says HSBC is focused on embracing future challenges, while analysts warn of 7,000 job losses at Standard Chartered by 2030.

HSBC CEO warns AI will displace jobs but also create new opportunities, emphasizing workforce retraining amid industry changes.

The boss of HSBC said "we all know generative AI will destroy certain jobs and will create new jobs" as he unveiled new tech plans.

CEO do banco Standard Chartered causou polêmica ao anunciar demissões para trocar 'capital humano de menor valor' por tecnologia

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

British banking giant HSBC appealed to staff not to fight artificial intelligence on Wednesday, saying it would destroy jobs while creating new ones, as...

CEO Georges Elhedery pledged that AI could make HSBC workers "more productive versions of themselves".

The Asian-focused bank unveiled plans on Tuesday to cut around 7,800 jobs as it ramps up the use of AI across its operations.

"Nuestra primera misión es proporcionar a los empleados formación, capacidades y herramientas de productividad para que estén preparados para el futuro"

HSBC could cut around 20,000 roles over coming years as big banks grow more open about AI's toll on their workforces

Bringing Taiwan to the World and the World to Taiwan

Bank says chief executive's AI comments were 'taken out of context'

HSBC CEO Georges Elhedery urges employees to embrace AI as the bank plans to cut 20,000 jobs, about 10% of its workforce, over the next 3-5 years.

Speaking from Shanghai, Dimon stated, "There will be all different types of jobs, and I think we will be hiring more AI people and fewer bankers in certain categories, and it will…

Standard Chartered plans to cut over 7,000 back-office jobs by 2030, replacing risk, compliance, and HR roles with AI while pursuing digital asset expansion.

The global bank earlier said it would cut 15 per cent of corporate function roles – or more than 7,000 jobs – by 2030.