#Automation

Major banks like Standard Chartered are systematically reducing their human workforce by over 7,000 roles by 2030, viewing labor reduction not as cost-cutting, but as a necessary pivot to maximize capital efficiency and achieve elite returns on tangible equity (RoTE).

Major APAC enterprises are shifting spending from generative AI proof-of-concept projects to highly autonomous, goal-oriented Agentic AI systems, signaling a fundamental move toward operationalizing complex, multi-step business workflows.