By Selena Li HONG KONG, May 19 (Reuters) - 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 multinational bank Standard Chartered just announced that it will cut 15% of corporate roles through 2030 and replace 'lower-value human capital' with AI. According to a Reuters estimate, this ...

Standard Chartered plans to cut 7,000 jobs as the lender ramps up efforts to scale AI adoption to make its operations slimmer and more streamlined, Reuters reported. The bank said it would slash 15% ...

Banking giant Standard Chartered has become the latest major company to announce job cuts as it increases its adoption of artificial intelligence (AI). The firm, which has its headquarters in the UK, ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The job cuts will be targeted at back office functions, ...

HONG KONG, May 20 (Reuters) - Standard Chartered (STAN.L), opens new tab CEO Bill Winters sought to assuage staff concerns on Wednesday, a day after saying that the bank will cut thousands of jobs ...

Standard Chartered cut support roles to improve productivity and returns. The lender raised profitability targets through 2030. In this article Standard Chartered on Tuesday announced it would cut ...

While announcing ambitious growth targets, Standard Chartered Bank's CEO made it clear that eliminating some of its workforce and implementing AI technological solutions was part of the plan. Standard ...