Standard Chartered plans to cut more than 15% of its support roles by 2030 as it expands the use of artificial intelligence across operations. CEO Bill Winters said the bank has about 52,000 support employees across India, China, Poland, Singapore, and Hong Kong, implying cuts of more than 7,000 jobs. Reports describe the move as part of a broader banking industry trend toward AI-driven automation of routine and back-office work to improve efficiency and reduce costs, while drawing regulatory attention over cybersecurity and wider systemic risks.