UBS announced in September 2026 that it will officially require AI-related skills as a prerequisite for employee recruitment. This policy aims to address the challenges posed by rapid technological advancements and ensure that teams have the ability to handle automated and generative AI tools. Currently, UBS has launched internal training programs to help existing employees acquire the necessary skills, and recruitment efforts also require candidates to have the required background. This move marks a key step in the intelligent transformation of traditional financial institutions in their talent strategies, and it has also sparked discussions in the industry about the imbalance between supply and demand for high-skilled talent and the increasing barriers to entry in the profession.
Swiss banking giant UBS will make the use of artificial intelligence skills a requirement for graduates and interns in the global banking and financial markets sector starting from 2027. Applicants must demonstrate how they can use AI to improve outcomes and efficiency during interviews. Meanwhile, Santander Bank has begun searching for senior AI specialists, and Morgan Stanley predicts that more than 200,000 banking positions will disappear in Europe within the next five years. This article was originally published by The Decoder.