Yet it’s inevitable that much of the job would become automated, says Lawrence Katz, an economics professor at Harvard. That’s because deals require so much routine paperwork for legal and regulatory issues. Adrian Crockett, a former Credit Suisse Group AG banker who now advises finance companies on technology, estimates that automating such tasks would allow investment banks to cut head count by 30 percent. Here are some of the ways technology is changing investment bankers’ jobs.
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