ING CEO Hamers Says Trading Division May Need Further Restructuring

The video discusses the challenges banks have faced for years, including reducing the number of products and trading activities. It highlights the use of artificial intelligence to improve operations and manage costs. The video also covers strategies for cost management, such as centralizing training activities, and considers the need for future restructuring if market conditions persist.

What challenges have banks faced for many years according to the text?

How have banks adjusted the number of products they service?

What role does artificial intelligence play in the banking sector as mentioned in the text?

What specific measures have banks taken to improve cost efficiency?

What might be necessary if the market conditions do not improve?