The Bank of England warned that AI could accelerate the next financial crisis by spreading market shocks more quickly through the banking system, citing growing reliance on shared AI platforms and clo…
Bank of England Deputy Governor Sarah Breeden warned on June 30 that a shift from equity to debt financing for AI infrastructure could threaten financial stability, as the path to repaying that debt r…
Bank of England Governor Andrew Bailey called for global cooperation to address AI threats, warning that U.S. isolationist policies under President Donald Trump, including a temporary ban on foreigner…
Bank of England Governor Andrew Bailey urged global cooperation to address threats from artificial intelligence, arguing that no single country, including the United States, can manage AI risks alone.…
Bank of England Governor Andrew Bailey called for global cooperation on AI risks, warning that unilateral US action cannot contain the threats, as quantum computing—accelerated by AI—poses an existent…
The Bank of England plans to ease capital rules to spur lending amid pressure to stimulate growth, even as Governor Andrew Bailey warns of a "triple whammy" of dangers from frothy AI stocks, slower-th…
Major UK recruitment firms Hays, PageGroup, and Robert Walters are slashing costs as a combination of the Iran war and AI-driven automation freezes permanent hiring across Europe. Robert Walters poste…
Bank of England Governor Andrew Bailey warned that a burst in the AI bubble could contract UK GDP by 2.2%, potentially pushing Britain toward recession, according to the Bank's July 2026 Financial Sta…
Britain's financial watchdogs placed Amazon Web Services EMEA, Microsoft Ireland Operations, Google Cloud EMEA, and Oracle Corporation UK under direct supervision as Critical Third Parties from Monday…
Canada's banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), named Anthropic's Claude Mythos in an April email to bank technology chiefs, warning that advanced AI mod…
The Bank of England and the European Central Bank both issued warnings about AI-related financial stability risks in July 2026. The BoE's Financial Policy Committee identified frontier AI as increasin…
The Bank of England is closely monitoring the risks artificial intelligence poses to financial stability, warning that its impact could exceed previous technology booms and potentially create an asset…
Columnist Rachel Rickard Straus warns about AI-powered voice cloning scams and advises never saying 'hello' first when answering unknown calls. She cites a Financial Conduct Authority report predictin…
Nobel laureate Christopher Pissarides dismissed the idea that artificial intelligence will restore rapid productivity growth in Western economies, arguing that the fast-growth years may be over. Speak…
The Bank of England warned that a crash in artificial intelligence stocks could plunge the UK into recession, citing a potential 2.2% fall in GDP. Governor Andrew Bailey highlighted risks from overval…
The Bank of England warned that the rapid adoption of artificial intelligence poses growing risks to financial stability, citing potential for systemic shocks from opaque algorithms and concentrated m…
Bank of England Governor Andrew Bailey is advocating for a collaborative approach between regulators and banks to address AI-driven cybersecurity threats, rather than imposing top-down regulation. The…
The Bank of England warned that rapid advances in artificial intelligence are increasing financial stability risks, including a potential stock market bubble and heightened cyber attack threats. The c…
The Bank of England warned that rapid advances in AI are increasing financial stability risks, citing heightened cyber attack threats and stretched stock valuations that could trigger a sharp market c…
The CEO of Dubai's Virtual Assets Regulatory Authority argues that financial regulators, not technology, will determine how quickly AI transforms finance. Regulators must build new supervisory tools f…