Wall Street Banks Are Using AI to Rewire the World of Finance

Gunnar Larson g at xny.io
Thu Jun 1 09:00:51 PDT 2023


Deutsche Bank AG (DBK) is using artificial intelligence to scan wealthy
client portfolios. ING Group NV (INGA) is screening for potential
defaulters. Morgan Stanley (MS) says its bankers are “experimenting” in a
“safe and contained environment.” Meanwhile, JPMorgan Chase & Co. (JPM) is
hoovering up talent, advertising for more AI roles than any of its rivals.


Wall Street Banks Are Using AI to Rewire the World of Finance
https://www.bloomberg.com/news/features/2023-05-31/jpmorgan-s-push-into-finance-ai-has-wall-street-rushing-to-catch-up
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