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Banking

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..."

Citi taps Palantir for data modernisation help – tech spend hits $26 million per day

"We will continue to make the investments needed, specifically as it relates to data" says CEO Jane Fraser

Powerful new HSBC board committee guns for better IT delivery, data strategy

Has "challenged management on its plans and prioritisation"

Morgan Stanley: Expect a hit as we kill off old technology

Low stress investment as CEO Ted Pick says 2024 was "one of the strongest years in the Firm’s history"

BIAN adds new API, toolkit, Wells Fargo CIO as board member

BIAN is also working with Microsoft to "potentially embed these tools..."

Citigroup touts data efforts as senator snarls, regulators circle

"We've got over 11,000 regulatory reports" lamented CFO Mark Mayer. "We're talking about ensuring that the data that we capture at trade entry is the data that's required to ultimately show up on these various regulatory reports..."

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