Deutsche Bank boss says 'big number' will be replaced by robots

Cryan said that it was important for the bank to embrace a "revolutionary spirit" and warned that this would mean an end to an era where accountants acted like abacuses. "We have to find new ways of employing people and maybe people need to find new ways of spending their time," he said in comments reported by the Financial Times. Cryan did not elaborate on how many of the bank's 100,000 staff may lose their jobs to a robotic rival, other than to say it would be "a big number". And he hinted that those accountants acting like abacuses were most at risk. "The truthful answer is we won't need as many people…In our banks we have people behaving like robots doing mechanical things, tomorrow we're going to have robots behaving like people."