Americas Oldest Bank Bets Big On AI

BNY (formerly BNY Mellon), America’s oldest bank, has launched an aggressive multi-billion-dollar AI strategy aimed at transforming its 240-year-old operations into an "AI-first" institution. As of early 2026, the bank is spending approximately $3.8 to $4 billion annually on technology—roughly 19% of its total revenue—which is the highest proportion among its major banking peers. Become a supporter of this podcast: https://www.spreaker.com/podcast/deep-insight--6597619/support.Don't miss our episode. Follow us for update newsday for you, smart netizen.