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Deutsche_Bank

Deutsche Bank to Replace 18,000 Workers with Robots…

November 22, 2019 at 5:56 pm

…”Mark Matthews, head of operations for Deutsche’s corporate and investment bank, told Financial News that machine learning algorithms “massively increased productivity” and “redistribute capacity.” The London-based news organization said that Deutsche is pushing to “automate large parts of its back-office” via a new strategy called “Operations 4.0,” as part of its $6.6 billion savings initiative […]

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