Bank of England sees growing risks to financial stability from AIThe Bank of England identifies artificial intelligence as a growing threat to financial stability. Investors are heavily betting on AI's su...
07 Jul, 2026, 05.43 PM IST
Global Market: UK regulator urged to consider rules for AI chatbots in financial adviceA UK regulatory review has recommended that the Financial Conduct Authority consider bringing AI models such as ChatGPT, Claude and Gemini ...
07 Jul, 2026, 10.24 AM IST
Britain's FTSE indexes slip as miners offset financial gainsLondon's FTSE 100 saw a slight dip as precious metal miners declined, countered by gains in financial stocks. EasyJet surged on a sweetened...
06 Jul, 2026, 05.07 PM IST
Global Market: Bank of England weighs leverage rule changes to boost gilt demandBritain's government bond market could see a significant boost and borrowing costs slashed by over £1 billion annually if the Bank of Engla...
06 Jul, 2026, 12.47 PM IST
FIFA World Cup’s hidden scorecard: What fans don’t see, economics doesFIFA World Cup 2026 is a fascinating economic case study, revealing how football markets mirror financial ones. Dynamic ticket pricing, dri...
05 Jul, 2026, 06.16 AM IST
Bank of England's Breeden signals new rules to govern agentic AIFollowing years of insistence that existing frameworks were sufficient to mitigate AI risks, Deputy Governor Sarah Breeden said rapid devel...
30 Jun, 2026, 10.12 PM IST
Brexit at 10: How Britain's financial sector recovered and evolvedPost-Brexit, London's financial landscape has witnessed a decline in its global market influence and workforce numbers. While some position...
21 Jun, 2026, 02.03 PM IST
Global Market Today: Asian shares surge, oil skids on Gulf dealMarkets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes....
15 Jun, 2026, 06.22 AM IST
UK banks still lack access to Mythos AI model, Bank of England governor saysBailey, speaking to Bloomberg TV, said Anthropic was willing to share the models on a trial basis but there appeared to be a political ho...
30 May, 2026, 08.29 AM IST
BIS and banks build blockchain cross-border payments prototypeGlobal financial institutions are set to test a new digital system for cross-border payments. This project, involving major banks and centr...
28 May, 2026, 06.34 AM IST
Taxes and Trump leave UK in a worse state than Starmer found itBritain's Prime Minister Keir Starmer faces a tough economic climate. Inflation is rising, and living standards are not improving. Economic...
17 May, 2026, 12.37 PM IST
UK firms should take steps to limit risks from frontier AI modelsUK financial authorities are urging companies to prepare for dangers posed by new artificial intelligence. These advanced AI models possess...
16 May, 2026, 09.12 AM IST
Supreme Court urges truce in Kapur family trust feud, asks parties not to disrupt mediationThe Supreme Court has called for calm in the Kapur family trust dispute. The court urged Rani Kapur and Priya Kapur to avoid actions that c...
14 May, 2026, 01.40 PM IST
Bank of England's Bailey sees 'wrestle' with US on stablecoin regulationBailey said he was concerned some U.S. stablecoins could not be readily turned into dollars without going through a crypto exchange, poten...
08 May, 2026, 08.21 PM IST
RBI in talks with global regulators, banks to review Mythos risks, sources sayIndia's central bank is actively engaging with global counterparts and local institutions to assess potential cybersecurity threats from An...
22 Apr, 2026, 03.47 PM IST
Lloyds pilots AI investment guidance tool as UK regulator studies impactLloyds Banking Group is the first UK lender to pilot an AI tool for investment guidance. This initiative aims to help customers navigate in...
21 Apr, 2026, 06.02 PM IST
- How much to deduct from bank?
The Basel Committee on Banking Supervision, nearing agreement on how to redefine capital and when to impose borrowing caps on banks worldwi...
23 Jul, 2010, 03.05 AM IST