Standard Chartered CEO Bill Winters has apologized for comments about artificial intelligence replacing workers. He stated that the bank is investing in AI technology. This move is expected to lead to job cuts. Winters clarified his remarks, emphasizing the bank's commitment to its employees. Regulators in Hong Kong and Singapore are seeking more information.

Standard Chartered has announced plans to slash almost 8,000 back-office roles, as Britain's labour market continues to show signs of strain.

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

A new name for the working class, 'lower-value human capital'.They don't give a shit about you and your family. https://t.co/s2Y6rL6Mey

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

Bringing Taiwan to the World and the World to Taiwan