HSBC's AI-Driven Wealth Division Job Cuts Defy Sector Growth Trends -- Market Talk
1142 GMT - Reports that HSBC Holdings is planning job cuts in its U.K. wealth division are in contrast to trends in the wider sector, RBC Capital Markets' Ben Bathurst writes. HSBC could cut 70% of its U.K. financial advisers due to artificial intelligence, the Financial Times reported. The move will attract attention