European banks could cut over 200,000 jobs by 2030 as AI reshapes operations, according to Morgan Stanley. Back-office roles face the biggest risk as banks automate compliance, risk and reporting while closing branches and pushing digital banking.


‘200,000 jobs at risk’: European banks may face massive cuts as AI reshapes banking by 2030

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‘200,000 jobs at risk’: European banks may face massive cuts as AI reshapes banking by 2030