AI Creates Skills Gap in Investment Banking
Artificial intelligence is quickly changing the way investment banking works, and while this shift brings clear benefits, it is also creating new challenges. One of the biggest concerns today is the growing skills gap among junior bankers as AI takes over many of their traditional responsibilities. Top financial institutions such as Citi, Bank of America, and Morgan Stanley are already using AI tools to handle repetitive tasks. These include financial modeling, preparing pitch books, cleaning data, and analyzing company comparisons. By automating such tasks, banks aim to improve efficiency, reduce costs, and ease the heavy workload that junior employees often…
