Implementing effective surveillance of AI in the financial sector
SUMMARY –– Artificial intelligence is profoundly transforming the financial sector, bringing gains in efficiency, security and personalisation of services.…
Can Europe Survive? – OMFIF
Susanne Baumann, German ambassador to the UK, hosts a reception to mark the publication of David Marsh’s new…
Lloyds Bank is offering customers £250 free cash
Lloyds Bank is handing customers up to £250 free cash without having to switch accounts. Existing customers the…
Bank of England admits years of wrong inflation forecasts
Highlights Inflation forecasts consistently undershot actual figures by nearly two percentage points since mid-2021. Wage growth predictions missed…
Bank Of Italy Warns Ether Price Collapse Could Cripple Ethereum Infrastructure For Stablecoins
Italy’s central bank has published research warning that a severe collapse in ether’s price could compromise Ethereum’s (ETH)…
Inflation in Germany has peaked, says Bundesbank president
Inflation in Germany has passed its peak, Deutsche Bundesbank president Joachim Nagel said today (October 13) in Marrakesh,…
UK cyber tests show banks’ struggle with cybersecurity basics
Key insight: Unlike the U.S. focus on tabletop exercises, U.K. regulators mandate live-fire attacks on actual bank systems…
The global economy is better than we expected; the economy has held up.
“The global economy is clearly better than we expected last year,” said the Governor of the Bank of…
Bundesbank paper looks at role of carbon emissions disclosures
Imposing tougher carbon emission disclosure mandates on firms increases investment in “greener” sectors of the economy, a working…
Nationwide announces savings shake-up affecting millions next month
Nationwide Building Society has announced it will slash interest rates across 36 savings products. The reductions follow the…
Bank customers urged to act as interest rates fall
Several best-paying savings accounts have already closed to new customersMost headline rates are variable and can change without…
No evidence that Christine Lagarde plans to outlaw cash transactions of more than €1,000
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