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      ‘It will reduce jobs’ – Jamie Dimon sounds off on AI’s impact on banks

      Jamie Dimon caution echoes a recent alert from the Bank of England’s Financial Policy Committee (FPC) on Wednesday, which highlighted stretched valuations in AI-focused tech companies.

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By: Simon Dodds

All 2 Articles
  • Profit not process: How our banks grew too bureaucratic for their own good

    GUEST ESSAY

    Judgement is being impaired by bureaucratic process, write two of the City's foremost lawyers

    Banks have become bureaucratic, driven by process, and it's stopping banks do what they need to do
  • How changing a single risk measure could give banks the freedom the economy needs

    GUEST ESSAY

    In this guest essay, three of the City’s sharpest minds lay out a route for our biggest lenders to get their risk appetite back Since the global financial crisis of 2007/8, banks have been less able to lend to the real economy. Much of their traditional financing activity has been displaced into the more lightly [...]

    Andrew Bailey said the UK was not in a banking crisis

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