The financial services sector is facing disruption as AI technologies threaten to displace a considerable share of its ...

U.S. stocks sold off on Friday, with the S&P 500 erasing its 2025 gains, after an upbeat jobs report stoked fresh inflation ...

A hot December jobs report has many strategists confident the Federal Reserve will hold off on further interest rate cuts for ...

U.S. stocks are sinking on worries that Friday’s good news on the job market may be too good and prove to be bad for Wall ...

U.S. stocks fell Friday on worries that good news on the job market may be too good and prove to be bad for Wall Street by ...

AI is changing what it takes to get a tech job on Wall Street. Recruiters told BI how candidates should adapt and what they ...

Top Wall-Street brokerages revised their Fed rate cut forecasts, after a blow-out U.S. jobs report on Friday, with BofA ...

(Bloomberg) -- Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to ...

Citi said in a report in June that AI is likely to displace more jobs across the banking industry than in any other sector.

Global banks are set to cut as many as 200,000 jobs in the next three to five years as artificial intelligence (AI) takes over jobs, as per Bloomberg Intelligence. Chief information and technology ...