Banks are scaling AI fast, with Barclays cutting jobs and Lloyds launching agent platforms. At the same time, risk is moving to the centre of the debate: UK regulators flag cloud dependence on US hyperscalers, and Wall Street banks are blocking third-party AI agents...

UK regulators dominated this week’s finance AI agenda. The Bank of England and FCA published their 2026 survey showing near-universal AI adoption, and the FCA chief warned that AI is amplifying financial crime and market risks. The common thread is a shift from...

AI is moving from pilot to infrastructure across finance this week, with banks like Bank of Ireland embedding it in fraud detection and customer guidance while deepfake and agent-impersonation threats force new identity defences. Deal teams are wiring AI directly into...

UK regulators are shifting from watching AI to actively shaping it: the FCA and Bank of England’s survey shows 86% of UK financial firms now use AI, while the FCA has said it will not write AI-specific rules and is already building agentic oversight of its own....

Financial services has moved from AI experimentation to deployment. The FCA and Bank of England’s joint survey reports 86% of firms now using AI, and regulators are focused on accountability, agentic finance and consumer disclosures. Banks are hiring heavily for...