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      ‘It will reduce jobs’ – Jamie Dimon sounds off on AI’s impact on banks

      Jamie Dimon caution echoes a recent alert from the Bank of England’s Financial Policy Committee (FPC) on Wednesday, which highlighted stretched valuations in AI-focused tech companies.

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By: Steve Sedgwick

Steve Sedgwick is an anchor of CNBC’s Squawk Box

All 12 Articles
  • CNBC Comment: Portugal’s banking crisis sends it back to cloud cuckoo land

    July 14, 2014

      Can it be three years since I was last in Cloud Cuckoo Land – sorry, I mean Portugal – talking about the fundamentals in one of the former problem children of the European debt crisis? It seems to have flown by. It’s good to know, though, that last week’s risk hiccup over a medium-sized [...]

  • Banking tragedy fails to lift market players

    August 4, 2008

    You could say the UK banks reporting season is turning into a comedy of errors but perhaps a Shakespearean tragedy would be more apt. It was an awful first act for the sector last week but the drama will reach its crescendo this week as we await downbeat numbers from HSBC, Barclays and RBS. The [...]

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