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 on MSN
HSBC initiates coverage of Xcel Energy with buy
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 ...
Bank of Baroda and other creditors are seeking to recover debts from collapsed remittance provider UAE Exchange, which has an estimated $1.03 billion deficit in net assets, Bloomberg reported Friday.
Spread the love“`html Barclays, a titan in the global financial sector, has recently made waves with an announcement that’s ...
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 ...
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 ...
Barclays CEO Venkat Krishnamurthy said on a conference call that the company would deploy AI at scale, stating that "AI is not the cake, but the icing on the cake." ...
Roughly 60% of the roles affected are in support functions, including developers, the bank said in its quarterly results ...
The cuts will add to fears that the widespread adoption of AI will allow companies across the world to operate with ...
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