Millennials prefer robot bankers to humans, Nordic lenders' wealth units find

The robots advising investors at the biggest Nordic banks just had their best quarter since being switched on.
Photo: Nikolaj Skydsgaard/Reuters/Ritzau Scanpix / Reuters Staff/Reuters/Ritzau Scanpix/ Ints Kalnins/Reuters/Ritzau Scanpix
Photo: Nikolaj Skydsgaard/Reuters/Ritzau Scanpix / Reuters Staff/Reuters/Ritzau Scanpix/ Ints Kalnins/Reuters/Ritzau Scanpix
BY Kati Pohjanpalo and Frances Schwartzkopff / BLOOMBERG

Much of their sudden popularity has coincided with the crisis triggered by Covid-19. But the banks behind the bots say the development has also laid bare where human financial advisers add no value, and robots do.

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