HSBC CEO says AI will destroy and create jobs, urges staff to embrace change
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HSBC CEO says AI will destroy and create jobs, urges staff to embrace change
CEO Georges Elhedery said HSBC is deploying AI across multiple functions and businesses to simplify operations and personalise content to customers. (HSBC pic) HONG KONG: HSBC chief executive Georges Elhedery said on Wednesday AI would destroy and create certain jobs in the financial industry, and »»»
StanChart targets higher return, to reduce more than 7,000 roles by 2030
HONG KONG, May 19 : Standard Chartered raised a key profit metric on Tuesday that the bank expects to achieve through deep headcount cuts and an expansion of its key wealth business. In a strategy update to investors, StanChart said it would deliver a more than 15 per cent return on tangible equity»»»
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