The CEO of a top British bank has been forced to apologise after he announced that he was planning to replace 'lower-value human capital' with artificial intelligence.

A Singapore spokesperson said the bank will support its people through change - with care and respect. Read more at straitstimes.com. Read more at straitstimes.com.

Standard Chartered CEO Bill Winters reassures staff after backlash over remarks on AI replacing 'lower-value human capital'. Read more at straitstimes.com. Read more at…

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

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