{"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='The internet of things and the great lockdown'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-internet-of-things-and-the-great-lockdown\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/05\/The-impact-of-Covid-19-on-the-Internet-of-Things-v2-min-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-14889\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14889'>\n\t\t\t\tThe internet of things and the great lockdown\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Should &#8211; be &#8211; known facts about the ATM'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/should-be-known-facts-about-the-atm\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Should-be-known-facts-about-the-ATM-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-6886\" loading=\"lazy\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Should-be-known-facts-about-the-ATM-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Should-be-known-facts-about-the-ATM-100x100.jpg 100w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-6886'>\n\t\t\t\tShould &#8211; be &#8211; known facts about the ATM\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='What FinTechs can learn from retailers'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/what-fintechs-can-learn-from-retailers\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/02\/what-fintechs-can-learn-from-retailers-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12332\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12332'>\n\t\t\t\tWhat FinTechs can learn from retailers\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. The internet &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}]}}