Auto Added by WPeMatico
Chief executive says the four-year plan will lead to greater efficiency but gives no details of potential job lossesBusiness live – latest updatesLloyds Banking Group will cut another £2bn of costs as part of a four-year plan under which its chief executive will use new tech and AI to drive growth.Charlie Nunn said the strategy, […]
Lloyds Bank to cut £2bn in costs as part of AI-powered strategy Read More »
Exclusive: While recruits will increase headcount for now, broader adoption of AI could lead to jobs cuts in futureLloyds Banking Group has launched an AI recruitment drive for 300 tech experts, weeks before its chief executive, Charlie Nunn, unveils a strategic plan for the 261-year old lender.The bank said it intended the recruits to work
Lloyds Banking Group to hire 300 tech experts to work on AI Read More »
After falling for a scam call, ‘The Tech Chap’ host Tom Honeyands realised he’d given away vital details in social media postsWhen Tom Honeyands realised he had been defrauded out of £70,000 he was furious and embarrassed – and left wondering if he had given away too many details on his social media vidoes.Honeyands was
‘I should know better’: tech expert lost £70,000 in one simple phone call Read More »
Charlie Nunn says banks will be hiring staff with different skill sets as customer experience will ‘radically change’Business live – latest updatesThe boss of Lloyds Banking Group has warned that bankers will need to “reskill themselves” to survive the oncoming AI boom that stands to transform the financial services sector.Charlie Nunn told reporters on Thursday
Lloyds boss warns bankers must ‘reskill themselves’ to survive AI boom Read More »
