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Deutsche Bank CEO: Automation in banking will cause “a lot” of redundancies

Deutsche Bank CEO John Cryan believes that “a lot of people” in the banking industry are at risk of being made redundant as automation sweeps through the sector. “It’s difficult to say where the market moves,” Cryan told CNBC in Singapore, “but for the whole sector, it will be a lot of people over the next five to 10 years.”…

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