Banking
Tokyo-based Akio Hori will continue the globalization of the CIO role, says the bank.
Revolut finally gets the green light for UK banking license after five years.
And 31,000 engineers are now using its GenAI coding tools.
“‘I did not understand it’ is not a defence" says FCA and denies new senior managers regime is needed.
The bank's 18,000 developers use GitHub Copilot.
"We’ve been quite constrained in our spending, and we’ve been very disciplined."
HSBC gains access to Mistral's commercial models and frontier model development expertise.
Morgan Stanley and other major US banks claim AI gains without clear bottom line impacts
"We didn't start from nothing, we had the principles of model risk management, information security, and privacy..."