MORE financial institutions are integrating artificial intelligence (AI) into their operations as the technology matures and the companies seek to reduce their costs.
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Besides investment banking, the firm’s other main businesses there include trading, corporate and commercial banking as well as transaction services
BNP Paribas reports 9% rise in Q1 profit, investment bank stutters
The bank has reported a more modest 2.5% rise in trading revenues, with fixed income, currencies and commodities broadly stable
