Over the next decade, U.S. banks, which are investing $150 billion in technology annually, will use automation to eliminate 200,000 jobs, thus facilitating “the greatest transfer from labor to capital” in the industry’s... Read more »
Not only Millennials and small investors are using robo-advisers, but wealthy clients are drawn into AI investing technology, which use computer programs to provide investment advice online. That scares banks, and that's one... Read more »
