{"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='New Survey Reveals Growing Optimism on the Future of Crypto'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/new-survey-reveals-growing-optimism-on-the-future-of-crypto\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2024\/05\/2d72c125-854d-a07a-a6d6-8d1fc89e81921-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-17598\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-17598'>\n\t\t\t\tNew Survey Reveals Growing Optimism on the Future of Crypto\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Finding the brains behind artificial intelligence'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/finding-the-brains-behind-artificial-intelligence\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/01\/AI-IMAGE-01-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-8038\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8038'>\n\t\t\t\tFinding the brains behind artificial intelligence\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='5 steps for financial institutions to secure their digital banking channels'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/5-steps-for-financial-institutions-to-secure-their-digital-banking-channels\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/11\/3a889289-06b5-4748-a89c-708596f32a7c1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15548\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15548'>\n\t\t\t\t5 steps for financial institutions to secure their digital banking channels\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. New Survey &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}]}}