Consumption is facing renewed pressure as a weak labour market and diminishing returns from subsidies cloud outlook, the bank ...

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

Jamie Dimon says AI will reshape banking jobs as JPMorgan and global lenders hire more AI specialists while reducing dependence on traditional banking roles.

JPMorgan CEO Jamie Dimon says AI will reduce the bank's headcount within five years as the firm hires AI and blockchain ...

Intuit has laid off 17 per cent of its full-time workforce — or about 3,000 roles worldwide — as it plans to streamline the ...

Jamie Dimon - regarded as one of the world's most influential financial figures - said: "I think [AI} will reduce our jobs ...

Learn more HSBC Holdings CEO Georges Elhedery said AI will remove some positions while also leading to the creation of others ...

Standard Chartered CEO ⁠Bill ⁠Winters sought to assuage staff ⁠concerns on Wednesday, a day after saying that the bank will ...

HSBC CEO Georges Elhedery has urged employees to adapt to artificial intelligence instead of resisting it, even as the bank ...

The chief technology officer of the Hong Kong Productivity Council said he doesn't see massive job cuts by local ...

HSBC CEO Georges Elhedery says AI will remove some banking roles and create others as the lender trains staff for change.

HSBC chief executive Georges Elhedery says artificial intelligence (AI) will destroy and create certain jobs in the financial ...