Standard Chartered to cut 15% of back-office roles by 2030

The banking group has large back-office centres in India, China, Malaysia and Poland; over 7,000 such roles could be impacted. The bank has also increased its profit targets for 2030 and confirmed group CFO and COO appointments.
May 19, 2026

Standard Chartered is set to cut more than 15% of its back-office roles by 2030 as the bank continues its push into artificial intelligence (AI) and the use of automation, according to an investor presentation unveiled in Hong Kong this week. 

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