As it happened: Stocks jump on peace hopes; Reeves hit by falling retail sales and surge in borrowing May 22, 2026 Good morning and welcome back to the City AM liveblog. Oil prices remain volatile and heightened as peace talks in the Middle East continue to run into stumbling blocks. Brent crude futures were up to $104 this morning following reports that Iran’s Supreme Leader was ordering for the nation’s enriched uranium reserves to remain in [...]
Smarsh Introduces New Anthropic Integration to Capture and Govern Claude Enterprise Data Within Its Platform May 21, 2026 New integration brings generative AI interactions into full compliance visibility—allowing Smarsh to supervise and detect risk within existing workflows
‘We cannot regulate cyber threats away,’ top lawyer warns May 21, 2026 British businesses are facing a growing compliance burden as governments race to respond to rising threats and the rapid spread of AI, but regulation alone may not solve the problem. “We cannot regulate cyber threats away”, partner and head of data and cyber at international law firm RPC Cavan Fabris told City AM. “There’s a [...]
‘It will reduce jobs’ – Jamie Dimon sounds off on AI’s impact on banks May 21, 2026 One of the world’s leading financial figures has warned AI will inevitably lead to a cut in jobs amid growing jitters around the impact the new tech will have on the banking sector. Jamie Dimon – the top boss of America’s largest bank, JP Morgan – said: “I think [AI] will reduce our jobs down [...]
Nvidia beats again – but Wall Street’s expectations keep rising May 21, 2026 Nvidia delivered another record-breaking quarter on Wednesday night, extending its dominance at the centre of the AI boom – but investors are increasingly asking how long the explosive growth can continue. The world’s most valuable company reported first-quarter revenue of $81.6bn, up 85 per cent year-on-year and ahead of Wall Street forecasts of $78.9bn. Net [...]
B2C2 and Solidus Labs Partner to Bolster Institutional-Grade Crypto-Native Market Integrity May 21, 2026 B2C2, a leading global digital asset market maker, today announced a partnership with Solidus Labs, the gold standard for crypto-native trade surveillance. Under the collaboration, B2C2 will deploy Solidus Labs’ HALO platform to provide multidimensional Trade Surveillance across its global operations, including the UK, USA, France, Luxembourg, Singapore and the Cayman Islands. As the digital [...]
The Live Moment Effect: Genius Sports and MediaScience Study Finds Specific Moments in Live Sports Can Double Unaided Brand Recall May 21, 2026 New research shows that brands aligned with emotionally heightened moments in live sports can improve ad effectiveness
Acuity Analytics Launches Domain-Led Agentic AI Platform to Help Financial Institutions Move from Experimentation to Enterprise Value May 21, 2026 Combining agentic AI with deep human expertise to deliver governed, decision ready outcomes.
KKR Invests in Fresha, the Leading AI-Powered Platform for Beauty and Wellness, at $1bn Valuation May 21, 2026 Fresha, the leading AI-powered marketplace and business management platform for the beauty and wellness industry, today announced an $80 million primary growth investment from funds managed by KKR, a leading global investment firm. The transaction values Fresha at over $1 billion, marking a defining milestone in its mission to transform how self-care businesses operate globally. [...]
No, London’s economy hasn’t lost its lustre. Here’s why May 21, 2026 The FT has once again remembered to write about London, the city in which the paper was founded and where the lion’s share of its staff, and its readership, is based. Though it turns out the pink’un hasn’t many nice things to say. London’s economy has lost its lustre, the paper writes. Among the evidence [...]