Refile: HSBC plans job cuts across UK wealth business in AI push, FT reports
07/10/2026 05:08
REFILE-HSBC plans job cuts across UK wealth business in AI push, FT reports Corrects typographical error in media identifier
Oct 7 (Reuters) - HSBC HSBA.L is planning sweeping job cuts across its UK wealth management business, including a sharp reduction in financial advisers and specialist staff, as part of a broader push to use artificial intelligence, the Financial Times reported on Wednesday.
Reuters could not immediately verify the report.
(Reporting by Rajveer Singh Pardesi in Bengaluru; Editing by Sonia Cheema)
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