HSBC Plans Job Cuts in UK Wealth Management Unit Amid AI Push
Macro·1 article across 1 outlet
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HSBC is planning sweeping job cuts across its UK wealth management business as part of a broader push to use artificial intelligence to serve affluent clients more efficiently, the Financial Times reported, citing people familiar with the matter.
Bloomberg's Tom Metcalf has more.
HSBC
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“HSBC is planning sweeping job cuts across its UK wealth management business as part of a broader push to use artificial intelligence to serve affluent clients more efficiently, the Financial Times reported, citing people familiar with the matter.”
Bloomberg — HSBC Said to Eye Job Cuts in Wealth Management Unit