QuantumScape (NYSE:QS) stock is up about 5% today, trading around the $7 area as investors revisit a milestone that flew ...

Morgan Stanley warns AI driven banking shift could eliminate 200000 European jobs by 2030 impacting back office roles ...

Banking giant HSBC is reportedly weighing up cutting its workforce by 10% through attrition and divestments, as AI continues ...

HSBC Asset Management has appointed Thorsten Michalik CEO of its alternatives business from 1 April. He will succeed Joanna ...

HSBC Asset Management (HSBC AM) has appointed Thorsten Michalik as CEO of its Alternatives business, effective 1 April. Thorsten will succeed Joanna Munro, ...

HSBC plans to cut-off 10% of its total workforce in the coming years. The global banking giant employed 208,720 full-time ...

Global banking giant HSBC Holdings Plc is considering significant job reductions thanks to artificial intelligence, a ...

The contract electronics manufacturer plans to go public later this year and is working with Kotak as the lead banker, while ...

London-headquartered investment bank HSBC is considering significant job cuts over the coming years as Chief Executive ...

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

Fears of an AI-driven jobs cull on Wall Street are intensifying after banking giant HSBC revealed it is weighing sweeping ...

The British bank is reportedly considering eliminating about 10% of its global workforce amid a big bet on artificial ...