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StanChart to Cut Over 7,000 Jobs, Boost AI to Replace ‘Lower-Value Human Capital’

May 19 2026 // Standard Chartered will eliminate more than 7,000 jobs over the next four years as it seeks to replace “lower-value human capital” with technology, becoming one of the top names in finance to target headcount...

Tech, Modeling Prove Value-Add to Broker-Client Relationships: McGill’s Karg

May 19 2026 // Due to the rapid evolution of artificial intelligence, data, and analytics, brokers are gaining the ability to treat the risk of each client separately, said Ashley Karg of McGill and Partners. “There’s more...

UK Firms Should Take Steps to Limit Risks From Frontier AI Models, UK Says

May 18 2026 // British companies should take steps to plan for and mitigate risks from new artificial intelligence models, the country’s finance ministry, the Bank of England and the Financial Conduct Authority regulator said on...

As Organic Growth Rate Slows, Consultant Urges Agents and Brokers to Embrace Tech

May 18 2026 // Amid intense consolidation, continued technological advances, and changing macroeconomic conditions, Harrison Brooks believes that privately held brokers are more valuable than ever–if they’re doing the right...

Lake Tahoe Power Crunch Shows AI’s Growing Energy Toll in West

May 15 2026 // Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market,...

Bank of Canada Sees AI as Possible Boost to Country’s Ailing Productivity

May 15 2026 // The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of the technology will boost the country’s ailing productivity without significant job...

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