HSBC chief Executive Georges Elhedery is understood to be betting on artificial intelligence to cut headcount numbers in ...

HSBC weighs cutting up to 20,000 roles as it accelerates AI adoption, redeploys $1.5B, and reshapes operations toward Asia and core businesses.

The assessment is at an early stage, and no final decisions have been made, as per sources cited by the news agency.

So the question is, what is the most important area for HSBC management to deliver on to achieve the better than 17% RoTE target. The first is managing banking net interest income against the backdrop ...

HSBC plans to cut 10% of its workforce, around 20,000 jobs, over the next 3-5 years as part of a multi-year AI overhaul. CEO Georges Elhedery aims to automate middle- and back-office functions, ...

Non-client facing roles in global service centres are among those expected to be most impacted. Read more at straitstimes.com. Read more at straitstimes.com.

Experts have recommended eight stocks to buy today — AU Small Finance Bank, Oberoi Realty, Jio Financial Services, Eternal, ...

Investors in Asia will look toward the Bank of Japan decision, which is expected to hold rates at 0.75%.

International benchmark Brent crude gained 2.45% to $102.57 per barrel, while the U.S. West Texas Intermediate rose 2.51% to ...

An AI-led tech rally gave Asian stocks a brief boost early on Tuesday but gains faded as oil held firmly above $100 a barrel and the Middle East conflict kept markets on edge. The initial simultaneous ...

An AI-led tech rally pushed Asian equities higher on Tuesday, but oil held above $100 a barrel as the Middle East conflict keeps supply tight and markets on edge.

2-Year U.S. Treasury Note Continuous Contract $103.984-0.016-0.02% 5-Year U.S. Treasury Note Continuous Contract $108.719-0.070-0.06% 10-Year U.S. Treasury Note Continuous Contract $111.766-0.125-0.11 ...