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 ...

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 ...

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

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 ...

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." ...

Barclays layoffs 2026: The banking group stated that 1,000 positions have already been eliminated, with another 4,000 ...