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- Wall Street banks are turning to AI to streamline processes like writing performance reviews.
- Software firm Workday said it's seen an uptick in banks expressing interest in its new AI products.
- Firms like Deutsche Bank are deploying AI to cut the time junior bankers spend on menial tasks.
Wall Street banks are looking to speed up operations and cut costs by deploying AI to write performance reviews among other tasks, a Workday boss said in an interview with Bloomberg at its conference in Barcelona.
Workday's co-CEO Carl Eschenbach said Wall Street banks are keen to get their hands on some of its new AI products.