The recent crypto market crash has sent shivers down the spines of most holders. However, for the OG investors, the current bear market is nothing but a temporary correction. In addition, Metaverse crypto coins continue to see significant price gains, with some rising as high as 23% today. This article […]
Tag: Barclays
Report: Barclays Puts Its Crypto Trading Desk Plans On Hold
U.K banking giant Barclays has put on hold its plans to put up a crypto trading desk, a report has revealed. The initiative has been shrouded in mystery ever since reports emerged that some of the top staff at the bank were working on the project. Barclays came out to […]
Citibank Plans to Replace 20,000 Employees with Robots and Automation
Jamie Forese, the president and CEO of Citibank’s institutional clients group, stated in an interview with the FT that 20,000 employees, or around 40 percent of the bank’s total workforce, can be easily replaced with machine learning and artificial intelligence (AI). Banks are Replacing Employees with AI According to Forese, […]