Technology

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Standard Chartered will cut 7,800 back-office jobs to ‘the machines’ by 2030

Bill Winters told investors in Hong Kong that the bank’s HR, risk and compliance functions will shrink by more than 15% over five years, with the headcount efficiency aimed at lifting income-per-employee 20% by 2028. Standard Chartered will cut more than 15% of its back-office roles by 2030, chief executive Bill Winters told investors at […]

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Italy’s Lexroom hits $73M total raised on $50M Series B for civil-law legal AI

Left Lane Capital led the Milan-based startup’s Series B, eight months after its $19m Series A. Lexroom is selling 8,000+ law firms a verified-source legal AI built around six million documents. Milan-based Lexroom, the legal AI startup focused on civil-law jurisdictions, has raised a $50m Series B led by Left Lane Capital. Base10 Partners, Eurazeo, […]

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