Bank of America has eliminated 150 junior banker jobs in its investment bank, two sources familiar with the matter told Reuters on Tuesday. The bank’s latest cuts follow similar exercises at rivals ...

The idea of artificial intelligence tends to strike fear in the hearts of workers who suspect they’ll be replaced by robots. Processing Content The reality is more nuanced. There is no question some ...

Artificial intelligence expertise is becoming one of the most desired skills in finance. Think you have what it takes to automate the banking industry? Here’s a glance at some of the jobs requiring ...

Kim M. Sample started her banking career as a teller more than 34 years ago — before direct deposit and online banking, when Philadelphians were learning to “tap MAC” (a.k.a. to go the ATM). “When I ...

In June, Citigroup published a research report that predicted artificial intelligence will displace 54% of jobs in the banking industry (based on research from Accenture and the World Economic Forum), ...

Gen AI will transform bank roles, but it may not lead to the drastic job cuts in banking that some are predicting. The question I get all the time is will generative AI lead to a vast reduction of ...