- “Before retiring from top-tier investment bank Goldman Sachs, Marty Chavez, the firm’s tech evangelist, predicted that it will be as important for traders to know how to code as “writing an English sentence.”
- About 75% of Citi’s trading activities were conducted electronically in 2019.
- One of the largest expenditures at the banks is technology. They are each spending upwards of $10 billion every year.
- Artificial intelligence, robotics, sophisticated software and technology will ultimately replace large groups of employees”
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