HSBC plans large-scale job cuts in its UK wealth management business, sharply reducing the number of financial advisers and other specialists to accelerate AI-driven servicing of affluent clients, the Financial Times reports.

2026-10-07

HSBC plans large-scale job cuts in its UK wealth management business, sharply reducing the number of financial advisers and other specialists to accelerate AI-driven servicing of affluent clients, the Financial Times reports.