The lender plans to cut more than 15% of its global corporate function headcount
The lender will cut more than 15% of its global corporate function headcount, but the impact on Singapore roles remains unclear
StanChart is one of the first major global banks to lay out official plans to cut thousands of jobs, citing AI as a driver to make its operations slimmer.
Bill Winters’ remarks echo a growing candor among global financial leaders regarding the realities of automation















