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European banks plan to cut 200,000 jobs as AI takes hold

✍️ Connie Loizos, Lucas Ropek, Marina Temkin, .Post-Authors-List__Authors --Font-Size Var, Align-Items Center Display Flex Gap Var, .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs Display Flex Flex-Shrink Margin Padding .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs Li List-Style None Margin-Left Margin-Top Important .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs Li First-Child Margin-Left .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs .Post-Authors-List__Author-Thumb Background-Color Var, Border Solid Var --Wp--Custom--Color--White, Border-Radius, Height -O-Object-Fit Cover Object-Fit Cover Width .Post-Authors-List__Authors .Post-Authors-List__Author-List Display Flex Flex-Wrap Wrap Gap Var, List-Style-Type None Margin-Bottom Margin-Top Padding .Post-Authors-List__Authors .Post-Authors-List__Author-List Li List-Style None Margin-Top .Post-Authors-List__Authors .Post-Authors-List__Author-List Li Not 📅 January 01, 2026 12:00 AM ⏱️ 1 min read 🕐 Scraped: January 01, 2026

Summary: The bloodletting will hit hardest in back-office operations, risk management, and compliance.

In Brief

Europe’s banking sector is about to get a tough lesson about efficiency. According to a new Morgan Stanley analysis reported by the Financial Times, more than 200,000 European banking j

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Connie Loizos, Lucas Ropek, Marina Temkin, .Post-Authors-List__Authors --Font-Size Var, Align-Items Center Display Flex Gap Var, .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs Display Flex Flex-Shrink Margin Padding .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs Li List-Style None Margin-Left Margin-Top Important .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs Li First-Child Margin-Left .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs .Post-Authors-List__Author-Thumb Background-Color Var, Border Solid Var --Wp--Custom--Color--White, Border-Radius, Height -O-Object-Fit Cover Object-Fit Cover Width .Post-Authors-List__Authors .Post-Authors-List__Author-List Display Flex Flex-Wrap Wrap Gap Var, List-Style-Type None Margin-Bottom Margin-Top Padding .Post-Authors-List__Authors .Post-Authors-List__Author-List Li List-Style None Margin-Top .Post-Authors-List__Authors .Post-Authors-List__Author-List Li Not

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Published Date

January 01, 2026 at 12:00 AM

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