{"id":16365,"date":"2021-10-18T14:01:10","date_gmt":"2021-10-18T14:01:10","guid":{"rendered":"https:\/\/bulletins.bfconsulting.com\/?p=16365"},"modified":"2021-10-18T14:01:10","modified_gmt":"2021-10-18T14:01:10","slug":"100-000-banking-jobs-to-disappear-in-next-5-years","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/100-000-banking-jobs-to-disappear-in-next-5-years\/","title":{"rendered":"100,000 Banking Jobs to Disappear in Next 5 Years"},"content":{"rendered":"<p>Analysts at Wells Fargo have predicted that over 100,000 banking jobs could be displaced by technology over the next 5 years. This includes approximately two-thirds of back-office jobs and one-third of front-office jobs. Perhaps the bank\u2019s managing director, Mike Mayo, described it best when speaking to Bloomberg TV: \u201cDevelopers are the new bankers\u201d.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-16365 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Is a Fintech Crash Looming?'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/is-a-fintech-crash-looming\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2022\/05\/0bb4a2ae-2762-9873-220b-859a35e542ec1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16669\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16669'>\n\t\t\t\tIs a Fintech Crash Looming?\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='IFC Survey on the Role of Fintechs in the Financial Inclusion for Women'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/ifc-survey-on-the-role-of-fintechs-in-the-financial-inclusion-for-women\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2024\/04\/00a96c00-5c8e-2d8d-781e-eec9bc54601a1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-17587\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-17587'>\n\t\t\t\tIFC Survey on the Role of Fintechs in the Financial Inclusion for Women\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Valuable lessons from 7 big FinTech successes'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/valuable-lessons-from-7-big-fintech-successes\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/02\/valuable-lessons-from-7-big-fintech-successes-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12322\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12322'>\n\t\t\t\tValuable lessons from 7 big FinTech successes\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Analysts at Wells Fargo have predicted that over 100,000 banking jobs could be displaced by technology over the next 5 years. This includes approximately two-thirds of back-office jobs and one-third of front-office jobs. Perhaps the bank\u2019s managing director, Mike Mayo, described it best when speaking to Bloomberg TV: \u201cDevelopers are the new bankers\u201d. Is a &hellip;<\/p>\n","protected":false},"author":12,"featured_media":16366,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16365"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=16365"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16365\/revisions"}],"predecessor-version":[{"id":16368,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16365\/revisions\/16368"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/16366"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=16365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=16365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=16365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}