A survey finds that global banks could cut as many as 200K jobs in the next three to five years as AI encroaches on tasks currently carried out by human workers (William Shaw/Bloomberg)

William Shaw / Bloomberg:
A survey finds that global banks could cut as many as 200K jobs in the next three to five years as AI encroaches on tasks currently carried out by human workers  —  – Back, middle office roles at risk, Bloomberg Intelligence says  — Banks’ profits could surge due to improved productivity