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Private Wealth Pulse — Insights

The AI Reckoning: How 5,200 Job Cuts Are Reshaping Private Banking Talent Forever

Published 2 Dec 2025

On November 25, 2025, ABN Amro dropped a bombshell that should terrify every banker in back-office roles and excite every relationship manager on the front line. The Dutch banking giant announced it would eliminate 5,200 full-time positions 24% of its entire w

The AI Reckoning: How 5,200 Job Cuts Are Reshaping Private Banking Talent Forever