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...

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

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