Bill Winters faced backlash over remarks about some of near 8,000 staff set to lose roles to AI The chief executive of Standard Chartered has apologised for referring to some of the almost 8,000 staff ...

The boss of Standard Chartered has apologised after describing employees whose jobs are vulnerable to being replaced by artificial intelligence (AI) as "lower value human capital". Discussing how ...

Standard Chartered CEO Bill Winters on Wednesday walked back comments he made at an investor event Tuesday when he said the bank plans to cut thousands of jobs as it replaces what he called ...

Standard Chartered bank could cut more than 7,500 jobs as it seeks to replace "lower-value human capital" under a technology and artificial intelligence (AI) drive. The London-based but Asia-focused ...

Standard Chartered Bank UK:STAN, the Asia- and Africa-focused lender, announced solid first quarter earnings Tuesday, but the focus of many analysts will be on the 7,800 job losses it announced at the ...

London-headquartered bank will reduce back-office jobs and aims to move some workers to new roles Standard Chartered plans to cut more than 7,000 jobs over the next four years as it increasingly uses ...

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, ...

Accounting firms are scaling back the role of human auditors in routine testing of things like payroll and revenue contracts, long a critical part of their work, amid a greater reliance on AI agents.

Standard Chartered PLC is reportedly seeking to fully acquire Zodia Custody Ltd. to merge it with one of its digital asset divisions, sources close to the matter told Bloomberg on Wednesday. The ...

NEWPORT BEACH, Calif. (KABC) -- New details emerged this week in a viral road rage incident in Newport Beach that ended with a driver arrested after allegedly running down cyclists in a bike lane.