Latest Human resources News: Finextra Research

Standard Chartered names global head of data analytics and AI

UK bank Standard Chartered has bolstered its data analytics capabilities with the appointment of former HSBC executive Yusuf Demiral.

02 June 2025

News/people

Charlotte Crosswell steps down as CFIT chair

Charlotte Crosswell OBE has stepped down as chair of the Centre for Finance, Innovation, and Technology (CFIT), and will be focusing on her role as executive chair of Raidiam and other non-executive board roles.

23 May 2025

News/people

TD Bank to lay off 2% of staff in restructuring

TD Bank has announced that 2% of its workforce will be laid off amid digital and AI restructuring program under new CEO Ray Chun.

23 May 2025

News/ai

Fewer than 1 in 4 banks ready for AI era - report

A vast majority of banks are unprepared for the advent of artificial intelligence, according to recently published research

21 May 2025

News/people

Citi hires former US trade representative Robert Lighthizer to advise on tariff implications

Citigroup has hired Robert Lighthizer, former US Trade Representative, as a senior advisor on global trade.

02 May 2025

News/people

Nikhil Rathi reappointed as FCA CEO

UK Chancellor Rachel Reeves has confirmed that Nikhil Rathi has been reappointed as chief executive of the Financial Conduct Authority (FCA), extending his term until 2030.

11 April 2025

News/ai

Revolut automates recruitment: The AI will interview shortly

Revolut has embedded an AI into its People platform that conducts interviews with job candidates and summarises the performance of all appointees.

07 April 2025

News/people

Lloyds to cut UK jobs, shift IT skills to India - FT

Lloyds is planning to cut hundreds of permanent IT employees working in the UK, whilst simultaneously hiring IT engineers in similar roles in India.

07 March 2025

News/people

Lloyds hires Amazon exec to head up mortgages division

A former technology head at Amazon has been hired by UK high street bank Lloyds to lead the digitisation of the bank's revamped mortgage division

26 February 2025

News/retail

Zopa moves to bigger London office

UK-based digital bank Zopa has doubled its physical footprint in London following its move to a new office.

25 February 2025

News/people

Bank of Ireland to cut jobs in efficiency drive

Bank of Ireland is set to reduce its headcount as part of a digitally-fuelled efficiency drive, according to its chief executive.

25 February 2025

News/people

HSBC to make investment banking job cuts starting in Asia - Bloomberg

HSBC Holdings Plc is set to initiate a new round of job cuts in it’s investment banking division, marking a continued restructuring to streamline operations and reduce costs under CEO Georges Elhedery.

14 February 2025

News/people

US Bancorp elects Gunjan Kedia as CEO

President of US Bancorp, Gunjan Kedia will become CEO on 15 April, taking over from company chairman and CEO Andy Cecere.

31 January 2025

News/retail

Bookkeeping platform Bench shuts down; quickly gets acquired

Days after closing down, Vancouver-based bookkeeping fintech Bench has been acquired by human resources tech startup Employer.com.

06 January 2025

News/payments

Checkout.com cuts staff after sales losses

UK-based payments processor Checkout.com has cut almost a quarter of its work force following a drop in revenue.

02 January 2025

News/inclusion

US agencies provide advice for combatting elder financial exploitation

The Board of Governors of the Federal Reserve System (FRB), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Financial Crimes Enforcement Network (FinCEN), National Credit Union Administration (NCUA), Office of the Comptroller of the Currency (OCC), and state financial regulators issued a joint statement this week.

04 December 2024

News/payments

Deel acquires Wise competitor Atlantic Money

Digital payroll vendor Deel has acquired Atlantic Money, a UK fintech startup set up to compete against money transfer giant Wise.

02 December 2024

News/regulation

Fintech hiring compensates for declining demand among banks for risk and compliance roles

The UK job market for risk and compliance roles is undergoing a significant transformation, with the fintech sector leading the charge.

28 November 2024

News/ai

NextGen: AI: 2025 will be the year of AI deployment

At Finextra’s first NextGen: AI event, Roberto Napolitano, chief marketing officer at Innovate Finance, moderated the panel session: ‘How do we deploy?’ in conversation with speakers Sandra Blaga, strategy and innovation manager of AI delivery at NatWest, and Prashant Jajodia, managing partner and financial services sector lead at IBM.

26 November 2024

News/people

Federal Reserve head will not step down under Trump

Chairman of the Federal Reserve, Jerome Powell, has stated he will not be stepping down from the position if asked when Donald Trump returns to office.

08 November 2024