Markets News
Three quarters of financial services firms in the UK are already using artificial intelligence, yet nearly half of these users have only a "partial understanding" of the AI they are deploying, according to a Bank of England and FCA survey.
Goldman Sachs is in talks with potential partners as it looks to spin out its blockchain-based technology platform, GS DOS.
Bank of England's governor, Andrew Bailey stated that the UK must “rebuild relations” with the EU while respecting the decision of the British people to leave in his Mansion House speech to investors.
Financial markets AI-analytics firm big xyt has secured a €10 million funding round to drive global expansion.
UK Chancellor Rachel Reeves detailed the financial services strategy launching in March 2025, which will focus on bolstering growth, developing fintech and sustainable finance sectors.
UK financial regulators have confirmed new rules to bolster the resilience of technology and other third parties providing key services to financial firms.
