Investment Banking

A quarter of bank bosses plan to train graduates on AI

Banks want to upskill their workforces, but have made little progress to date

Wednesday 25 October 2023 at 04:01

As AI revolutionises finance, firms are ploughing more resources into training
As AI revolutionises finance, firms are ploughing more resources into training Photo: Getty Images

Future investment banking analyst classes could be put through their paces on artificial intelligence as well as dealmaking, according to a new survey of bank bosses.

Nearly a quarter of European bank executives are planning to incorporate AI training into their graduate programmes, according to an EY study, and 59% say the technology will have a significant impact across entry level roles.