Ridgeview Partners Announces Recommended Acquisition of Pinewood Technologies Group plc August 19, 2026 Ridgeview Partners LLC (“Ridgeview”), a growth-oriented technology private equity firm, today announced that U.K. Piston Bidco Limited (“Bidco”), a newly-formed company indirectly owned by entities administered by Ridgeview, has reached an agreement with the board of directors of Pinewood Technologies Group plc (“Pinewood.AI” or the “Company”), the leading cloud-based, AI-first, full-service technology provider to automotive [...]
As it happened: Miners fuel FTSE 100 recovery; oil jumps as Trump claims Strait of Hormuz August 19, 2026 Welcome back to the City AM liveblog. The FTSE 100 is falling on Wednesday as oil prices continue their march upwards and investors digest a jump in inflation. The Office for National Statistics (ONS) put the consumer price index inflation reading at 2.9 per cent for the 12 months to July. The previous inflation reading [...]
Even Claude says AI watermarking is no ‘silver bullet’ August 18, 2026 Claude has questioned whether watermarking AI-generated text can ever provide a foolproof way to identify machine-written material, just days after its maker, Anthropic, began embedding invisible marks into the chatbot’s own output. Asked by City AM whether AI-generated content should be watermarked, Claude warned that simple marks can be “cropped, screenshotted, or edited out”, while [...]
KX Appoints James Hollands as Chief Revenue Officer, Strengthening Capital Markets Leadership Team August 18, 2026 KX, the data intelligence platform built for capital markets, today announced the appointment of James Hollands as Chief Revenue Officer (CRO). His appointment builds upon a series of strategic executive additions that strengthen the company’s capital markets expertise as financial institutions accelerate investment in AI, real-time data, and next-generation market infrastructure. Hollands joins KX following [...]
Gradiant Expands US Operations with New Leadership, Office Openings, and Long-Term Services Contracts August 18, 2026 Every microchip, data center, and megawatt of AI capacity depends on water. Today, Gradiant, the water layer of the AI economy, announced a series of milestones reinforcing its ability to solve that constraint across the United States: a new US leadership hire, three new offices, a new innovation center, and long-term services contracts, including one [...]
Aera Technology Named to Constellation ShortList™ for Decision Intelligence Platforms as the Category Reaches an Enterprise Inflection Point August 18, 2026 Aera advances market leadership as Constellation Research projects the autonomous enterprise market — including decision intelligence platforms — to reach $42.3 billion by 2031
Options Announces CIX Trading, Canada’s Newest Alternative Trading System (ATS) August 18, 2026 Options Technology, the leading provider of trading infrastructure to the global financial markets, today announced that it will be offering CIX Trading, Canada’s newest alternative trading system (ATS), designed to modernize Canada’s Equities Markets. CIX Trading is the first ATS to go live in Canada in over 10 years, seeking to close the innovation gap [...]
Citi Unveils Custody+: A Suite of Near- and Real-time Custody Solutions to Meet Always-On Industry Demand August 18, 2026 As capital markets become increasingly always-on, Citi Investor Services’ innovative and modular ecosystem of solutions is redefining custody infrastructure for the future Highlights: Citi is redefining custody infrastructure to support clients’ diverse operating models as the industry shifts towards continuous markets, compressed settlement cycles and technology disruption With the U.S. rollout of real-time asset servicing through its Single Event Processing technology, over 80% of Citi’s total event volume is being processed in real-time These advancements further Citi Services’ platform strategy to build scalable and modern infrastructure with a strong data and AI foundation
Industry chief warns ‘resilience not enough’ for growth August 18, 2026 The boss of Britain’s largest industry body has warned the government that “resilience alone” would not boost growth in the UK, firing the starting gun on two months of policy lobbying ahead of a pivotal Autumn Budget. Writing exclusively for City AM, the boss of the British Chambers of Commerce (BCC) has urged the government [...]
ISG Event to Spotlight Strategies for the AI-Driven Autonomous Enterprise August 18, 2026 Leaders from Lloyds Banking Group, NatWest, Ogilvy, AstraZeneca, Diageo, Reckitt, Carlsberg, Shell and more to join ISG AI Impact Summit London