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Investment banks to choose artificial intelligence over humans

Artificial intelligence could replace humans at the heart of the way capital markets work

Wednesday, 8 March 2017 at 12:40

Investment banks to choose artificial intelligence over humans

Under constant pressure to slash costs and boost returns, investment banks are set to replace humans with artificial intelligence.

Stamford, Connecticut-based research firm Greenwich Associates thinks investment banks will seek to deploy artificial intelligence across research, sales, trading, and compliance.