HSBC reportedly weighs up to 70% cuts in some adviser roles as AI enters wealth management
TansuYegen · x · 2026-10-07
HSBC is reportedly considering cuts of up to 70% in some adviser roles as it pushes more AI into wealth management. The take: AI won't eliminate human advice where money and trust are involved, but it may dramatically reduce how many humans are needed to deliver that advice — a distinction that matters as the AI jobs debate gets real.
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