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Wall Street banks opt for greater automation for grunt work to retain talent

HR Digest

Banks now insist on weekend offs, no excessive overtime, and greater use of technology for routine work. Wall Street banks are trying to automate as much grunt work as possible to save the younger bankers from feeling overwhelmed. Goldman Sachs had initiated around 100 automation and efficiency projects.

Banking 95
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We Don’t Trust AI To Give Us Financial Advice

The Horizons Tracker

AI is increasingly being used in robotrading, yet despite the growth in artificial trading, a recent study from Griffith University explains that bank customers are still reluctant to receive financial advice from artificial entities. Chatbots are a common presence in many banks, especially in customer service functions.

Advice 111
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Diversification Putting Pressure on FinTech Executives

N2Growth Blog

With technology reshaping the global business landscape, many companies will be pushed to fundamentally reconsider their ways of doing international business, diversifying into new product categories and adopting a “borderless” expansion model. By Vera Sharova & Teodora Cosic. Jumping directly and only on purely professional aspects (e.g.,

Execution 341
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Will Artificial Intelligence Take Your Job?

Leading Blog

Of course, people have always worried that technology would take over their job. Gutenberg’s press probably created more social upheaval than any technological advancement has yet to do today. Third, massive automation will not take place based on our experience from previous generations of technology.

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10 Employment Opportunities That Await in Utah

Strategy Driven

Technology and IT Job Opportunities As a result of the emergence of Silicon Slopes , Utah’s tech scene has gained national attention. Grow Your Career in Finance and Banking Utah’s stable economy has attracted financial institutions. It has firmly become a thriving hub for finance and banking professionals.

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Is Innovation manageable?

N2Growth Blog

Fintech, as this sector is colloquially referred, focuses for the most part on disrupting the state of affairs induced by the use of technology. I think the real disruption does not derive from technology, but from the changes technology brings to business models. As such it is all about innovation.

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Career Opportunities After Pursuing an MBA

Strategy Driven

Graduates can also succeed in specialized positions like venture capital, investment banking, or entrepreneurship. It can include venture capital, commercial banking, and investment banking positions. MBAs can find positions as consultants, project managers, and analysts in the technology space.

Career 103