Standard Chartered CEO Bill Winters apologized after calling workers affected by 8,000 AI-driven job cuts 'lower-value human capital,' prompting regulatory inquiries.

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

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.

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'