{"id":33482,"date":"2026-04-19T21:21:12","date_gmt":"2026-04-19T21:21:12","guid":{"rendered":"https:\/\/www.europesays.com\/people\/33482\/"},"modified":"2026-04-19T21:21:12","modified_gmt":"2026-04-19T21:21:12","slug":"how-big-wall-street-banks-from-jpmorgan-to-citi-are-using-ai","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/people\/33482\/","title":{"rendered":"How Big Wall Street Banks, From JPMorgan to Citi, Are Using AI"},"content":{"rendered":"<p>Citigroup has taken a bottom-up approach to embedding AI throughout the business, with 4,000 employees trained as something of <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/citi-bank-ai-accelerators-volunteers-2025-12\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">AI stewards<\/a>.<\/p>\n<p>The firm&#8217;s AI tools are now available to 182,000 employees in 84 countries, and CEO <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/meet-jane-fraser-the-first-woman-ceo-of-citigroup-2020-9\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">Jane Fraser <\/a>said on a fourth-quarter earnings call in January that adoption of the proprietary tools is above 70%. Fraser said during third-quarter earnings that generative AI tools have saved 100,000 developer hours a week with automated code reviews \u2014 &#8220;a very meaningful productivity uplift.&#8221;<\/p>\n<p>The bank launched the pilot of agentic AI for 5,000 colleagues in September.<\/p>\n<p>&#8220;It allows complex, multi-step tasks to be completed with a single prompt, and the early results are very promising, and we&#8217;ll expand access to this in the months ahead,&#8221; said Fraser. &#8220;Finally, we have launched a firm-wide effort to systematically embed AI in our processes end-to-end.&#8221;<\/p>\n<p>She also highlighted several tools to help its wealth management advisors. <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/citi-wealth-tech-hire-ai-dipendra-malhotra-2025-3\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">Citi hired an AI leader from Morgan Stanley <\/a>last year to help revamp its wealth technology. The bank is using AI to speed up the client onboarding process and retire outdated software, Tim Ryan, the head of technology,<a target=\"_blank\" class=\"\" href=\"https:\/\/www.reuters.com\/business\/finance\/citigroup-says-ai-helps-speed-account-openings-systems-upgrades-2026-04-08\/\" data-track-click=\"{&quot;click_type&quot;:&quot;other&quot;,&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;outbound_click&quot;}\" rel=\" nofollow noopener\"> told Reuters<\/a>.<\/p>\n<p>In June 2025, the bank doubled down on its <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/citigroup-jane-fraser-ai-strategy-new-leadership-agentic-ai-2025-6\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">AI ambitions<\/a><a target=\"_self\" href=\"https:\/\/www.businessinsider.com\/citigroup-jane-fraser-ai-strategy-new-leadership-agentic-ai-2025-6\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">, appointing new leadership<\/a>\u00a0to helm\u00a0its tech transformation.<\/p>\n","protected":false},"excerpt":{"rendered":"Citigroup has taken a bottom-up approach to embedding AI throughout the business, with 4,000 employees trained as something&hellip;\n","protected":false},"author":2,"featured_media":33483,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[164],"tags":[594,16204,2103,19110,1020,22451,20099,22455,22452,805,22454,22453,4270,9371,22450,22449],"class_list":{"0":"post-33482","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jamie-dimon","8":"tag-ai","9":"tag-bank","10":"tag-ceo","11":"tag-citi","12":"tag-company","13":"tag-cybersecurity-fear","14":"tag-earning-call","15":"tag-head-count-change","16":"tag-heightened-scrutiny","17":"tag-jamie-dimon","18":"tag-many-wall-street-ceo","19":"tag-mythos-model","20":"tag-safety","21":"tag-spending","22":"tag-technology-development","23":"tag-wall-street-bank"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/116433471551369913","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/33482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=33482"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/33482\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/33483"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=33482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=33482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=33482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}