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HomeBusinessNubank improves 2026 efficiency ratio outlook as AI leads hiring slowdown

Nubank improves 2026 efficiency ratio outlook as AI leads hiring slowdown

SAO PAULO, Nov 12: Brazilian digital lender Nubank on Thursday posted third-quarter profit in line with analysts’ estimates, while improving its efficiency ratio projections for the year partly due to an artificial intelligence-led slowdown in hiring. Nu Holdings, which has over 140 million clients and in Sep

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