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HSBC plans job cuts across UK wealth business in AI push, FT reports
Source: reuters.com
Artificial IntelligenceBanking & LiquidityCompany Fundamentals
HSBC is planning sweeping job cuts in its UK wealth management business, including a sharp reduction in financial advisers and specialist staff, the Financial Times reported Wednesday. The cuts are part of a broader push to use artificial intelligence; the report provided no figures for the planned reductions.
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