Finextra

HSBC to make 'deep, wide and brutal' UK wealth management job cuts in AI push

HSBC is planning to axe up to 70% of its UK financial advisors as part of swingeing cuts to its wealth management business driven by riding use of AI, according to the Financial Times.

By Finextra

1 min read
HSBC to make 'deep, wide and brutal' UK wealth management job cuts in AI push
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