JPMorgan says AI helped boost sales, add clients in market turmoil

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NEW YORK :JPMorgan Chase's artificial intelligence tools enabled it to boost sales to wealthy clients and manage scores of requests from worried customers even during April's market rout, the bank's CEO of asset and wealth management said.The largest U.S.

The "powerful" AI tools helped advisors to quickly handle client requests by pulling data on their trading patterns and anticipating queries, she said.

The app will help advisers expand their client rosters by 50 per cent in the next three-to-five years by enabling them to take on more clients, with AI handling some of the other research-related work.

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Article Details

Category: EconomyBusiness

Markets: SingaporeSwitzerland

Topics: Wealth Been Erdoes Management Asset Market Bank Advisers Clients Jpmorgan Tools

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 01:08:25 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 747 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 28411826

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