BCG

Christoph Schweizer, CEO of Boston Consulting Group (BCG), tells CNBC's Squawk Box Europe that AI adoption is now as much on the minds of global CEOs as sales and profits, as businesses begin to understand the operational, cultural and skills-related challenges of integrating the technology into the workplace. Schweizer also discusses how he expects AI to reshape the global workforce, saying around 50% of jobs will fundamentally change, while only 10% to 15% are likely to be replaced entirely.

- Assets Under Management (“AuM”) Increased 12.9% Year-over-Year to $29.0 Billion - - Increased Net Income to $1.9 Million from $1.0 million in the Prior Year - - Increased EBITDA [*] to $3.3 Million from $2.2 Million in the Prior Year - - Total Revenue of $48.7 million similar to $48.9 million in prior year period - NEW YORK, May 15, 2026 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah”, “Binah Capital” or the “Company”) (NASDAQ: BCG; BCGWW), a leading financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, today announced results for the quarter ended March 31, 2026. "I am pleased with our strong operational results in the first quarter, despite a sometimes challenging market, as this reflects the continuing growth of our differentiated platform,” stated Craig Gould, Chief Executive Officer of Binah Capital Group.