HSBC ‘encouraged’ by Burnham agenda despite tax threat and growth downgrade Banking HSBC’s finance boss said the bank is “very encouraged” by Andy Burnham’s agenda, despite slashing its UK growth forecast ahead of a potential tax raid. Pam Kaur, HSBC’s chief financial officer, said: “The UK is our home market, our focus in the UK is supporting customers with their growth ambitions.” But when asked about a [...]
Microsoft boss says AI will reshape banking jobs as UK lenders cut costs AI Artificial intelligence will change the jobs available in Britain’s banking sector, but could also create new opportunities for workers with the right skills, a senior Microsoft executive has told City AM. Bill Borden, Microsoft’s global head of financial services, told City AM that AI would replace much of the routine work traditionally carried out by [...]