Everything we know about how biggest Wall Street banks are using AI
By
Alice Tecotzky
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Everything we know about how biggest Wall Street banks are using AI
Wall Street banks like JPMorgan, Citi, and Goldman Sachs are investing billions in AI, reshaping workflows and culture.
TL;DRAI
JPMorgan's $2B AI spend matched savings; Citi reached 90% adoption; banks deploy production AI across trading, onboarding with agents automating critical workflows. The ROI phase began—capability-building ended; delayed adoption now risks talent and margin in finance where AI is competitive necessity.
1,581 words~7 min read
