AI is coming for Wall Street: Banks are reportedly weighing cutting analyst hiring by two-thirds

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AI is coming for Wall Street: Banks are reportedly weighing cutting analyst hiring by two-thirds

https://www.businessinsider.com/ai-job-cuts-finance-wall-street-investment-banking-analysts-hiring-2024-4

"The easy idea is you just replace juniors with an AI tool," a Deutsche Bank chief strategy officer told the New York Times.

AI is coming for Wall Street: Banks are reportedly weighing cutting analyst hiring by two-thirds