A MAJOR bank that employs thousands of staff in the UK is set to slash 3,500 workers as part of an AI push. American Express ...

British bank Barclays said it will cut 5,000 jobs this year as AI-driven productivity gains reduce the need for human workers ...

Fintel reports that on 22 October 2026, HSBC initiated coverage of Xcel Energy (XTRA:NRN) with a Buy recommendation. Xcel Energy Inc., based in the United States, operates primarily in the utility ...

Barclays is cutting 5,000 jobs worldwide as AI and automation expand, with back-office and software support staff in India ...

A recent job cut announcement at Barclays has again raised the specter of an AI-driven wipeout for the banking industry.

American Express Co. is cutting 5% of its headcount globally as Chief Executive Officer Steve Squeri seeks to keep a lid on ...

American Express is poised to cut around 3,500 staff as the credit card company seeks to offset rising costs, raising the ...

Analysts expect the chancellor to increase the tax surcharge on their profits by 2% in next week’s budget as lenders press ...

The announcements will come on the same week that Chancellor John Healey will deliver his autumn Budget statement.

HSBC’s Elhedery said AI is “a major enabler to re-engineer and reimagine all our businesses, all our activities”, From ...

Barclays, a major British banking group, has announced plans to cut approximately 5,000 jobs by the end of 2026 as it increases its use of technology and AI.

Banks can’t tell if AI agents or customers are acting inside accounts. Why shared passwords fail agentic commerce and what ...