
Banks, insurers, superannuation funds and lenders. Capital, credit conditions, regulation and the institutions that move money across the Pacific.
ANZ Group Holdings chief executive Nuno Matos declined to rule out large-scale job cuts driven by artificial intelligence at the Australian Financial Review Asia Summit in Sydney on 15 September. “Nobody knows” what AI will do to jobs, he said, HCAMag reported. The bank has around 40,000 staff, Investing.com reported. A year earlier, at the same summit, Matos announced that ANZ would cut 3,500 jobs and about 1,000 contractor roles. “I hate to do this but it’s for the future of the company,” he said at the time, Insurance Business reported. The weekend that prompted the warning Anthropic chief executive Dario Amodei published an essay on 12 September urging AI companies to “pace the frontier,” and OpenAI’s Sam Altman and
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