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HSBC Said to Eye Job Cuts in Wealth Management Unit

Source: youtube.com

Artificial IntelligenceM&A & RestructuringTechnology & Innovation
HSBC Said to Eye Job Cuts in Wealth Management Unit

HSBC is reportedly planning sweeping job cuts across its UK wealth management business as part of a broader effort to use AI to serve affluent clients more efficiently. The report, attributed to people familiar with the matter, gives no figure for the potential cuts or implementation timeline.

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