Citi: AI threatens 54% of current banking jobs, but will create new ones

AI could add $170 billion to global banking profits

John Leonard
clock • 2 min read
Citi: AI threatens 54% of current banking jobs, but will create new ones
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Citi: AI threatens 54% of current banking jobs, but will create new ones

A new report from Citigroup suggests that AI is likely to displace more jobs in the banking industry than in any other sector.

According to the report, about 54% of jobs across banking have a high potential to be automated, with an additional 12% of roles that could be augmented by the technology. At the same time, a Ci...

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