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Financial Services

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

Dimon: We’re investing in AI and technology “regardless of the environment”

JPMorgan CEO vents frustration over thicket of regulations

Bank of England warns AI could exacerbate concentration risk, explores possible “system-wide exercises”

"Third-party exposure will continue to increase as the complexity of models increases and outsourcing costs decrease"

Department of Treasury declares “major incident” over OCC breach

The attacker gained “highly sensitive information relating to the financial condition of federally regulated financial institutions”

Goldman Sachs CIO: The next challenge for AI agents? Getting them to fit in with OUR culture

And humans need to stay in charge

Lloyds Bank frees up half on-site data storage as Microsoft, Oracle cozy up on cloud

Resilience and flexibility driving Lloyd's approach

bank outages IT changes the stack

"Expired certificates, DDoS attacks; broken hardware or networks; Crowdstrike’s outage; third-party issues: those looking at what UK banks have blamed for their IT outages over the past two years will soon see that the list is wide. But the biggest culprit by far?"

How Natwest's "Boxed" teamed up with Datadog to slash cloud costs, spot big spenders

"We hear you; Datadog is not free..."

The Big Interview: Ron van Kemenade, Group COO, Lloyds Banking Group

"I actually think it's nonsense..."

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