‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
European banking jobs face AI reset ‘not mass job losses – for now’ Banking European banking jobs are in line for a boost from AI despite widespread fears the integration of new tech will trigger mass layoffs, according to fresh analysis. The headcount at the top lenders is expected to get a four per cent average uplift, analysts from Bloomberg Intelligence said in a new note. The increase is [...]
Revolut follows Starling with AI agent as tech arms race heats up Banking Revolut has waded into the AI arms race with the debut of its personal finance assistant as fintech firms race to beef up the tech in their all-in-one super apps. The $75bn digital banking giant has launched AI by Revolut – a financial assistant embedded into its app. The chatbot provides spending insights, investment updates [...]
Ex-Google executive puts AI hiring under scrutiny AI A former Google Cloud executive has put AI hiring and its consequences under renewed scrutiny in a US courtroom. The unnamed ex-Big Tech employee’s testimony revolved around how automated, agentic systems are increasingly shaping recruitment decisions, not at the final interview stage, but much earlier, where candidates are filtered, ranked and, in many cases, excluded. [...]