People working at the front and back offices of banks are going to have wildly different experiences with AI, says Sopnendu Mohanty, the group CEO of the global advisory and investment firm GFTN. He told Business Insider that the disruption posed by AI will depend on whether one works in a bank's front, middle, or back office. "Front is all for the customer. The middle is all for the bank, and the back is just for processing all the activity," Mohanty said.
Mike Elias quietly received a promotion in the offseason, per reporting from Ken Rosenthal and Brittany Ghiroli of The Athletic. His previous title with the Orioles was general manager but he was promoted to president of baseball operations before the 2025 campaign began. Today's report adds that the O's plan to hire a GM to work under Elias. The title change is largely ceremonial.
