Digital employees, AI bootcamps: America's oldest bank is spending billions on tech

Market Intelligence Analysis

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Why This Matters

BNY Mellon is investing heavily in technology, including AI and digital employees, to stay competitive in the banking industry.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The race to integrate artificial intelligence is on among the banks. BNY now has 134 "digital employees," who work alongside humans.

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Full article on CNBC
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Original article published by CNBC on February 9, 2026.
Analysis and insights provided by AnalystMarkets AI.