The Economic Times on MSN
HSBC makes big push for affluent clients in India to fuel growth
HSBC Holdings Plc plans to expand its operations in India by increasing its branch network by 35% over the next two years. The bank aims to become one of the top private banks in India by 2030, ...
HSBC recently surfaced as the largest lender to the Indian diaspora under a special foreign-exchange swap initiative, disbursing $10.9 billion out of GIFT City over a three-month period, outpacing ...
HSBC Holdings plc will phase out fixed‑pay allowances for senior personnel and increase the proportion of variable, ...
ET Now on MSN
Barclays layoffs 2026: Banking company to cut 5,000 jobs by year-end; AI push raises fears
Barclays layoffs 2026: The banking group stated that 1,000 positions have already been eliminated, with another 4,000 ...
The cuts will add to fears that the widespread adoption of AI will allow companies across the world to operate with ...
Asian Banking & Finance on MSN
Weekly global news wrap: Barclays to cut 5,000 jobs; Wells Fargo appoints head of AI; HSBC exec warns about data centre investments
HSBC’s Elhedery said AI is “a major enabler to re-engineer and reimagine all our businesses, all our activities”, From ...
The bank says it is using more AI leading to a 5% reduction in its workforce.
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 ...
Barclays will cut 5,000 roles (about 5% of staff), mostly in support and developer functions, spending ~£600m on ...
Britain's Barclays Bank announced plans to shed 5% of its global workforce as it accelerates its adoption of tech, including ...
Banking apps have crashed after Google suffered a major systems failure at its London-based data centre. Millions of Revolut ...
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