AI would thin the ranks of young bankers, instead it raised the bar

Artificial intelligence was expected to wipe out the army of young investment bankers fumbling with spreadsheets and pitch books. Instead, it raises the bar for the performance expected of them.

Across the industry, analysts are increasingly using in-house AI tools to sift through data, accelerate research and design analysis. Technology allows banks to increase productivity even as the long hours that define the job remain.

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