Safra CEO says Saxo deal shows need for tech scale in AI era
Safra CEO says Saxo deal shows need for tech scale in AI era is drawing significant interest across the industry.
J. Safra Sarasin's acquisition of Denmark's Saxo Bank, which has a digital trading and investment platform, reflects wealth managers' need to invest more in technology as AI threatens to shake up the business, the Swiss private bank's CEO told Reuters.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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