European Banking Jobs at Risk from AI

Morgan Stanley predicts 200k European banking jobs could disappear by 2030 due to AI and branch closures.
AI and branch closures will lead to job cuts in back-office roles.
Goldman Sachs and ABN Amro are already implementing AI and cutting jobs.
JPMorgan Chase warns junior bankers must learn fundamentals to avoid industry harm.

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Europe

Goldman Sachs | ABN Amro | JPMorgan Chase executive

2 weeks ago