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Banking

HSBC retiring a third of applications amid AI-powered "reengineering"

And 31,000 engineers are now using its GenAI coding tools.

Is regulatory opacity “chilling” AI adoption in financial services?

“‘I did not understand it’ is not a defence" says FCA and denies new senior managers regime is needed.

Bank of America CEO Brian Moynihan

The bank's 18,000 developers use GitHub Copilot.

BNY CFO: We spend more on cyber than on AI

"We’ve been quite constrained in our spending, and we’ve been very disciplined."

A HSBC office building at Canary Wharf, London

HSBC gains access to Mistral's commercial models and frontier model development expertise.

Morgan Stanley, BoA aren't putting a number on AI efficiency claims

Morgan Stanley and other major US banks claim AI gains without clear bottom line impacts

Starling Bank CIO Harriet Reesspeaks on stage at the Google Cloud Summit in London

"We didn't start from nothing, we had the principles of model risk management, information security, and privacy..."

US bankers to SEC: Stop making us report cyber incidents

Let us choose when and what to disclose...

Barclays' Head of Corporate GenAI Incubator Dileep Pournami gives a talk at AWS Summit London

"We have to embrace disruption..."

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