Nearly a quarter of Wall Street finance firms are using AI proficiency as a major metric to determine employees’ bonuses, ...

Deutsche Bank has rolled out a new on-premises AI platform across its investment banking and capital markets teams in Europe and North America.

The US Office of the Comptroller of the Currency (OCC) found on 14 October that nine of the country’s largest banks had ...

Starling Bank is developing what it says will be the first AI banking model to be trained and hosted on a UK sovereign cloud, a move designed to strengthen its AI capabilities while reducing reliance ...

Crédit Agricole, France’s second-largest bank, has signed an agreement to acquire German commercial lender IKB Deutsche ...

London Stock Exchange Group (LSEG) has confirmed it is in discussions to purchase the credit data specialist Octus for $3.5 ...

Bank of America has been fined more than $1.2 billion by US regulators for failing to report billions of dollars in ...

NatWest has improved the accuracy of its AI speech recognition technology, helping it to better understand the range of ...

HSBC will phase out fixed-pay allowances for employees from January 2028 as the removal of UK restrictions on bankers’ ...

Monte dei Paschi di Siena (MPS) shareholders are weighing up Intesa Sanpaolo’s €35 billion bid to purchase Italy’s oldest ...

Banking regulators around the world are increasing their efforts to contain the risks posed by AI to global financial ...

LHV Bank has announced the appointment of Damian Thompson as chief executive officer to lead the digital bank’s next phase of growth.