StanChart CEO apologises for 'upset caused' by AI comments
Published on: May 22, 2026, 3:28 p.m. | Source: The Economic Times
Standard Chartered CEO Bill Winters has apologized for comments about artificial intelligence replacing workers. He stated that the bank is investing in AI technology. This move is expected to lead to job cuts. Winters clarified his remarks, emphasizing the bank's commitment to its employees. Regulators in Hong Kong and Singapore are seeking more information.
