
AI to Reshape European Banking: 200K Jobs at Risk by 2030
A Morgan Stanley analysis projects that European banks may cut 200,000 jobs by 2030 as AI adoption streamlines operations, impacting back-office, risk management, and compliance roles. This trend, driven by the promise of 30% efficiency gains, highlights AI's disruptive potential in finance and raises concerns about the long-term impact on workforce skills and industry knowledge.
















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