City AM: HSBC mulls merger of investment banking and commercial arms in cost-cutting drive
HSBC is mulling a merger of its investment and commercial banking arms as part of a push by new chief Georges Elhedery to slash costs, according to reports.
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City AM: Santander cracks down on hybrid working as return to office trend grows
Santander has cracked down on its approach to hybrid working in yet another sign that UK companies are beginning to favour more in-office working patterns.
Cybersecurity Dive: White House launches cybersecurity hiring sprint to help fill 500,000 job openings
The White House Office of the National Cyber Director launched a program Wednesday to help fill the gap of about 500,000 available cybersecurity jobs across the country.
ITPro: AWS CEO Matt Garman thinks AI coding tools could herald the end of the developer as we know it – but there’s light on the horizon for worried devs
Software development will fundamentally change in the next few years, according to Matt Garman, Amazon Web Services (AWS)’ new chief executive, who argued that the rapidly maturing AI programming ecosystem could mean “most developers are not coding” within two years.
efinancialcareers: More JPMorgan AI experts are popping up at rival banks and beyond
The key areas that are in demand now are AI and Cyber with Quantum on the horizon.
BBC: Klarna: AI lets us cut thousands of jobs – but pay more
Klarna “AI lets us cut thousands of jobs – but pay more”
Finextra: BBVA doubles AI staff numbers
BBVA has doubled the number of staff working on artificial intelligence to more than 400 as it opens new ‘AI Factories’ in Mexico and Turkey.
IT Pro: Tech execs pushed for a return to the office – now they’re backtracking amid a workforce revolt, with only 3% of firms asking staff to return full-time
Tech execs pushed for a return to the office – now they’re backtracking amid a workforce revolt, with only 3% of firms asking staff to return full-time.
Finextra: CIBC to hire 200 data and AI specialists
Canadian bank CIBC is set to hire more than 200 data and artificial intelligence roles over the next 12 months.
Finextra: AI spending races ahead among European banks
European banking leaders are poised to increase spending on AI faster than on cybersecurity.