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Financial

AI Will Change Banking Jobs, Says Santander's Botín

Santander Executive Chair Ana Botín says jobs will change as AI advances and acknowledges there could be adjustments, but the bank isn't seeing a major impact on employment yet. Botín also discusses the opportunities she sees for AI within Santander. Botin is on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This episode was recorded July 13 in New York.

Read more: AI Will Change Banking Jobs, Says Santander's Botín
Bloomberg
Financial

Excess Regulation in Europe Is a Big Tax, Botin Says

Santander Executive Chair Ana Botin says Europe has the talent and companies to compete with the US, but needs a level playing field. She says excessive regulation is a "big tax" on European businesses. Botin is on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This episode was recorded July 13 in New York.

Read more: Excess Regulation in Europe Is a Big Tax, Botin Says
Bloomberg
Financial

ASML Up on Supply Plans; BlackRock Reports Earnings | Stock Movers

On this episode of Stock Movers: - BlackRock (BLK) shares are responding to this morning's earnings. BlackRock reported assets under management that met the average analyst estimate and adjusted EPS and Sales beat estimates. - ASML (ASML) shares are rising this morning after the company said it's searching for ways to produce more chip-making machines over the next two years due to soaring artificial intelligence spending. ASML said its current supply plans mean it won't be able to fully meet demand in 2027 and 2028, and it's investigating ways to increase capacity for 2028 beyond the 30% increase previously communicated.

Read more: ASML Up on Supply Plans; BlackRock Reports Earnings | Stock Movers