Citigroup: The number of jobs in the banking industry replaced by ai will exceed any other industry.

Citigroup said that the banking industry may have more job positions replaced by AI than any other industry because this technology will disrupt consumer finance and improve employee efficiency. The bank said in a new report on Wednesday that about 54% of all banking jobs have high potential for automation, and another 12% of positions could be enhanced by AI technology. The largest banks in the world have been experimenting more with AI over the past year, hoping that this technology can help improve employee productivity and reduce costs. For example, Citigroup has said it plans to train 40,000

環球市場播報Jun 19 14:00 ET

Berenberg Raises Price Target on ING Groep to EUR19 From EUR18.50, Maintains Buy Rating

ING Groep's (ING) local shares have an average investment rating of outperform among analysts polled by Capital IQ, with price targets ranging from EUR15.80 to EUR21.18. Price: 17.15, Change: +0.14, P

MT NewswiresJun 18 06:32 ET

Top Gap Ups and Downs on Monday: AVGO, DELL, SONY and More

Gaps can show signals that something important has happened to the fundamental or the psychology of traders that accompanies this market movement.

moomoo NewsJun 17 19:40 ET

Bank Stocks Help Nudge European Equities Traded in the US as American Depositary Receipts Higher in Monday Trading

Bank stocks were helping European equities traded in the US as American depositary receipts nudge marginally higher late Monday morning, rising 0.047% to 1,409.42 on the S&P Europe Select ADR Index. F

MT NewswiresJun 17 11:14 ET

Ing Groep (ING.US) aims to achieve a 14% return on equity by 2027, with cost income growth as the driving force.

Intelligence Finance APP learned that ING Groep (ING.US) is committed to increasing its fee income and looking forward to improving profitability. On Monday's capital markets day, the Dutch bank announced its ambitious plan to achieve a 14% return on equity by 2027 and set a cost savings target of €5 billion (approximately $5.3 billion). Like many other European banks, ING Groep has benefited from the rise in interest rates in the past two years. However, as the European Central Bank begins to cut interest rates, the bank is exploring new business areas to mitigate the potential impact of interest rate declines. ING Groep.

Zhitong FinanceJun 17 04:51 ET

ING Targets Up to 5% Annual Total Income Growth Through 2027

ING Groep (INGA.AS) is aiming for annual total income growth of between 4% and 5% in its update on the next phase of its strategy for 2024 through 2027. The Dutch lender said Monday ahead of its Capit

MT NewswiresJun 17 02:57 ET