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Banks to Lose 200,000 Jobs Due to Automation Over Next Decade, Analyst Mayo Says

Oct.22 — Michael Mayo, Wells Fargo Securities senior bank analyst and head of U.S. large-cap bank research, discusses the outlook for financial technology’s impact on the banking industry with Bloomberg’s Taylor Riggs on “Bloomberg Technology.”

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Oct.22 — Michael Mayo, Wells Fargo Securities senior bank analyst and head of U.S. large-cap bank research, discusses the outlook for financial technology’s impact on the banking industry with Bloomberg’s Taylor Riggs on “Bloomberg Technology.”

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13 Comments

13 Comments

  1. LuciD AYS

    October 22, 2019 at 11:31 pm

    N

  2. raphael francis AMIGO

    October 22, 2019 at 11:32 pm

    banks will use ripple

  3. Swymco

    October 22, 2019 at 11:36 pm

    The hoody observation was pretty funny.

  4. PG Beats

    October 23, 2019 at 12:03 am

    Banks using xrp.

  5. Kev Ngu

    October 23, 2019 at 12:06 am

    #google andrew yang #yang2020

  6. allowedme

    October 23, 2019 at 1:58 am

    Yang2020.com has the perfect solutions.

  7. Christoher Gomez

    October 23, 2019 at 2:10 am

    #AndrewYang2020!!!

  8. m6m17

    October 23, 2019 at 3:17 am

    tech is losing in white collar job too?

  9. robert lee

    October 23, 2019 at 3:35 am

    So, Andrew Yang has been telling truth all these time?

  10. Fun Tube

    October 23, 2019 at 4:50 am

    20 plus online jobs available here with handsome sallery packages

  11. Paul Tremblay

    October 23, 2019 at 5:22 am

    When nobody work and can’t deposit, am guessing that robots will

  12. Joel Bondurant

    October 23, 2019 at 7:36 am

    Hooray!!! Great news!

  13. Abu Feras Abdullah

    October 23, 2019 at 12:54 pm

    Totally agree, it’s archeological Mick

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Bloomberg Technology

Apple Soars Post-Earnings and Jobs Data Disappoints | Bloomberg Technology

Bloomberg’s Ed Ludlow breaks down Apple’s earnings including an upbeat forecast and record buyback. Plus, tech jumps and market traders re-up rate cut bets as US jobs data disappoints to the downside, and Coinbase’s CFO breaks down the company’s first quarter earnings. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation…

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Bloomberg’s Ed Ludlow breaks down Apple’s earnings including an upbeat forecast and record buyback. Plus, tech jumps and market traders re-up rate cut bets as US jobs data disappoints to the downside, and Coinbase’s CFO breaks down the company’s first quarter earnings.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

The Global Outlook for the Gaming Sector

It has been a hard week for the video game industry, with AMD warning of a slowing demand for chips powering game consoles and computers, and video game publisher Take Two planning to shut down subsidiaries in London and Seattle amid mass layoffs. In more positive news: Twitch, Amazon’s livestreaming platform for gamers, is going…

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It has been a hard week for the video game industry, with AMD warning of a slowing demand for chips powering game consoles and computers, and video game publisher Take Two planning to shut down subsidiaries in London and Seattle amid mass layoffs. In more positive news: Twitch, Amazon’s livestreaming platform for gamers, is going to launch a competitor to TikTok. Konvoy Managing Partner Jason Chapman joins Ed Ludlow on “Bloomberg Technology.”
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Coinbase Slips as Beat Fails to Impress After Rally

Coinbase shares slipped after a first-quarter results beat, as Mizuho noted the crypto trading platform’s strong year-to-date rally, signs of a transaction revenue drop in the coming months and potential regulatory risks. Still, Coinbase CFO Alesia Haas says the company is focused on long-term trends. She joins Bloomberg’s Sonali Basak and Ed Ludlow on “Bloomberg…

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Coinbase shares slipped after a first-quarter results beat, as Mizuho noted the crypto trading platform’s strong year-to-date rally, signs of a transaction revenue drop in the coming months and potential regulatory risks. Still, Coinbase CFO Alesia Haas says the company is focused on long-term trends. She joins Bloomberg’s Sonali Basak and Ed Ludlow on “Bloomberg Technology.”
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