Investment Banking

JPMorgan, Wells Fargo and Citi lead race for AI talent as job numbers swell

AI recruitment has increased 13% over the past six months as banks have cut employees

Wednesday 30 April 2025 at 04:01

US banks are pulling away in the battle for AI talent
US banks are pulling away in the battle for AI talent Photo: Getty Images

JPMorgan, Wells Fargo and Citigroup are leading a surge in hiring for artificial intelligence specialists at top banks as demand for talent continues to heat up despite a broader slowdown in recruitment across the sector.

Banks have increased AI employee numbers by 13% over the past six months, according to research firm Evident, which benchmarks and works with banks on AI data.