{"id":92797,"date":"2025-10-23T08:01:13","date_gmt":"2025-10-23T08:01:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/92797\/"},"modified":"2025-10-23T08:01:13","modified_gmt":"2025-10-23T08:01:13","slug":"mckinsey-says-bank-profits-face-possible-170-billion-ai-hit","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/92797\/","title":{"rendered":"McKinsey Says Bank Profits Face Possible $170 Billion AI Hit"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Banks face a hit to their bottom lines of as much as $170 billion if they don\u2019t adapt their business models to respond to customers turning to artificial intelligence to optimize their finances.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The consultancy firm predicted that customer uptake of agentic AI \u2014 effectively autonomous bots \u2014 would hit the profits banks earn from customer money in low interest accounts, according to a report from <a href=\"https:\/\/www.bloomberg.com\/quote\/13143Z:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">McKinsey <\/a>published Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"Banks face a hit to their bottom lines of as much as $170 billion if they don\u2019t adapt&hellip;\n","protected":false},"author":2,"featured_media":92798,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,343,344,11722,114,268,32001,234,85,4486,46,190,10361,4555,125],"class_list":["post-92797","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-banking","tag-business","tag-finance","tag-fixed-income","tag-government","tag-il","tag-interest-rates","tag-israel","tag-markets","tag-monetary-policy","tag-policy","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/92797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=92797"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/92797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/92798"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=92797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=92797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=92797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}