Why Holding Onto Banking Jobs Won't Be Easy

The video discusses the ongoing trend of layoffs in banks since the financial crisis, driven by profitability challenges and increased capital requirements. Despite some improvements in earnings, banks are not expected to significantly increase hiring. The rise of fintech and automation is reshaping the employment landscape, reducing the need for traditional roles while increasing demand for customer-facing and compliance positions. The video highlights the shifting balance in the workforce, with technology playing a crucial role in this transformation.

What types of positions are banks planning to add despite the trend of layoffs?

How has the role of compliance in banking changed in recent years?