Report
JPMorgan’s private bank uses AI to onboard clients and support investment research
The Business Times, carrying Bloomberg’s report, says the bank is still hiring as it adopts AI.
TLDR
Bloomberg reports JPMorgan’s private bank is using AI to onboard clients, support investment research and simplify complex processes. Its EMEA head, Pablo Garnica, says the bank is using AI to give advisers faster access to research and investment views and help clients find information through its website and app. The Business Times, carrying Bloomberg’s report, says the bank is still hiring; Garnica expects its EMEA private-banking adviser headcount to grow 10% to 15% over the next three to five years.
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