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HSBC to cut jobs in UK wealth management arm in AI push - report

By Michele Maatouk

Date: Wednesday 07 Oct 2026

(Sharecast News) - HSBC is reportedly planning sweeping job cuts in its UK wealth management business, drastically reducing its ranks of financial advisers and other specialists as part of a push to use AI to help serve wealthy clients.
According to the Financial Times, which cited people familiar with the plans,...

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