artificial intelligence

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 7,800 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

KKR and Samsung SDS enter partnership

As part of the agreement, KKR will acquire $820m of newly issued Samsung SDS convertible bonds; Samsung SDS will spend the money on M&A and improving its AI capabilities.
April 21, 2026

Q&A: Wendy Cheong, Apac regional head, Moody's Ratings

On the ratings agency's 40th anniversary in the region, Singapore-based Cheong explained how transition finance and data centres are key growth areas, how the ratings agency is adopting AI, and the lessons learned from several financial crises.
October 03, 2025

SoftBank invests $2bn into Intel

The aim of the stock purchase is to help boost advanced technology and semiconductor innovation in the US; Intel has been under the spotlight of the US administration in recent weeks.
August 19, 2025