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BNY says AI won’t slash hiring plans

The 240-year-old bank has been quick to embrace the technology, but not at the expense of new recruits, its international head tells FN

‘We won’t have fewer people because of technology,’ Hani Kablawi says
‘We won’t have fewer people because of technology,’ Hani Kablawi says Photo: Angus Mordant/Getty Images

BNY won’t slow its hiring plans as it begins to roll out artificial intelligence for everyday tasks.

“We won’t have fewer people because of technology; we’ll just do things faster, better and more efficiently, ” its head of international Hani Kablawi told Financial News.

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