Jamie Dimon warns the people managing your money will soon be ‘AI people’ — not the bankers they replaced
For decades, a banker has been someone who reviewed your loan application, managed your portfolio, or walked you…
HSBC chief warns of AI-driven job cuts, urges staff to adapt
HSBC Holdings CEO Georges Elhedery said AI will remove some positions while also leading to the creation of…
Singapore’s AI-job cuts debate flares over ‘lower-value human capital’ remark
The cuts have made one question more urgent for Singapore: can its goal to train workers to take…
HSBC CEO Georges Elhedery warns AI will cut banking jobs
HSBC Holdings CEO Georges Elhedery warned Wednesday that artificial intelligence will “destroy” certain jobs while creating others, urging…
Bank CEOs’ AI Obsession Collides With Warning From Watchdogs
(Bloomberg) — As bank executives increasingly tout the promise of artificial intelligence to slim down workforces, regulators are…
HSBC’s CEO says AI will both create and destroy financial industry jobs
HSBC’s top boss says artificial intelligence will both destroy and create certain jobs in the financial industry, but…