Major U.S. banks are aggressively expanding artificial intelligence (AI) hiring as they increasingly look to technology for efficiency gains and revenue growth, according to executives and data reviewed by industry analysts. Citi, Truist, and Wells Fargo are among the large financial institutions scaling up their AI investment and recruitment initiatives, joining early movers like JPMorgan Chase and Bank of America. Institutions are hiring ethicists and explainability experts, tasked with making sure AI tools comply with new and evolving standards from the Office of the Comptroller of the Currency (OCC) and other watchdogs.
Author: Roger Kehrt
Published at: 2025-05-03 22:09:31
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