Another bank CEO is saying the change in the industry's human capital because of automation will be massive, although Deutsche Bank CEO John Cryan sees a silver lining in the bank employees' upskilling and taking on more interpersonal roles.
One way to change what it means to be a banker, the Deutsche Bank boss said, is to push people to use more interpersonal skills — something machines won't master anytime soon: "We need to increase the number of people who face clients and counterparts and external stakeholders and reduce the number who are focused internally, producing numbers, calculating outputs."