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Treasury Rolls Out First AI Advice For Banks

Treasury Rolls Out First AI Advice For Banks

The Treasury has unveiled its advice for financial services firms looking to adopt AI
AI Takes Center Stage in JP Morgan’s Commercial Bank Overhaul

AI Takes Center Stage in JP Morgan’s Commercial Bank Overhaul

The bank has introduced new roles and a data operating model to boost operational impact
Only 2% of Financial Institutions are Yet to Adopt AI

Only 2% of Financial Institutions are Yet to Adopt AI

Research from Finastra suggests the technology has moved from pilots to production
Bank of America and Goldman Sachs Turn to AI to Boost Growth

Bank of America and Goldman Sachs Turn to AI to Boost Growth

Both lenders have outlined plans to use the technology to boost efficiency and profits
Lloyds Says GenAI Delivered £50m of Value in 2025

Lloyds Says GenAI Delivered £50m of Value in 2025

The bank plans to scale agentic AI in 2026, targeting more than £100m in additional value
BPI Calls for the Creation of Board-Level Technology Committees

BPI Calls for the Creation of Board-Level Technology Committees

Survey finds 64% of firms are forming or considering tech governance panels
Banks Reduce Reliance on OpenAI Models, Analysis Reveals

Banks Reduce Reliance on OpenAI Models, Analysis Reveals

Evident research shows banks switching to rival providers
FCA Launches Long-Term AI Review

FCA Launches Long-Term AI Review

The UK regulator’s move follows criticism that the regulator has moved too slowly on AI
UK Regulators Warn AI Poses “Potentially Serious Harm” to Financial System

UK Regulators Warn AI Poses “Potentially Serious Harm” to Financial System

The Treasury has called for AI-specific stress tests to assess firms’ resilience
JP Morgan Chase Reclassifies AI Spending as “Core Infrastructure”

JP Morgan Chase Reclassifies AI Spending as “Core Infrastructure”

The move places investment in AI alongside payment systems and core risk controls
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