Standard Chartered Bank

Standard Chartered CEO’s comments spark outrage as bank plans job cuts in India and other centers

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Standard Chartered CEO's comments spark outrage as bank plans job cuts in India and other centers

Standard Chartered Bank plans to cut nearly 7,800 jobs globally by 2030, sparking an online backlash after Chief Executive Bill Winters described some positions as “low-value human capital” as he outlined the bank’s artificial intelligence-driven overhaul.The London-headquartered bank, which has major back-office operations in India, said about 15% of corporate functional roles will be eliminated … Read more

Dubai News: ‘Evacuate offices?’ Standard Chartered responds to virus rumors in UAE emirate amid Iran-US-Israel war

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Dubai News: 'Evacuate offices?' Standard Chartered responds to virus rumors in UAE emirate amid Iran-US-Israel war

Are banks starting to leave Dubai? Standard Chartered Bank issues emergency statement on Iran and US-Israel war The growing geopolitical conflict between Iran, the United States and Israel is beginning to ripple through global financial markets, prompting international banks to reassess their operations in the Gulf region. At the center of the latest developments is … Read more