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Global banks scale up artificial intelligence use despite workforce anxiety

Cyprus Mail 29 May 2026, 06:30
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Global banks scale up artificial intelligence use despite workforce anxiety
HSBC has appealed to staff not to fight ​AI, saying it would destroy jobs while creating new ones, as banking rival Standard Chartered sought to ‌calm workers over comments that the technology would replace “lower-value human capital”. The predictions from two of the world’s biggest banks are the clearest sign yet about the upheaval from […]