Can AI eliminate bias in banks' hiring decisions?
Vendors such as eFinancialCareers, Paradox and pymetrics work with banks to assess job applicants based on their skills and not other factors. But the technology has its limits. ... Read full article
News Topic: Recruiting tools
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Wells paying up to recruit brokers; Will JPM’s stock buybacks slow?
The bank is offering big bonuses to hire new financial advisors; recent share repurchases have raised the cost of future rebuys. ... Read full article
PFM, AI and more: Startups compete for Barclays funding
At Barclays' fintech accelerator, this year's class has fresh takes on personal financial management, recruiting and trade finance. ... Read full article
RBC's software solution to matching millennial employees with mentors
Royal Bank of Canada has found a unique solution to keeping its tech-savvy interns from moving on — using a new technology that matches young employees with more seasoned people to set up career mentoring chats over coffee. ... Read full article