Natwest CEO Paul Thwaite was impersonated in a deepfake image on X, falsely depicting him in a BBC radio interview with journalist Emily Maitlis. The scam follows similar AI-generated fakes targeting …
The Bank of England is reviewing its regulatory frameworks to address risks from agentic AI systems, Deputy Governor Sarah Breeden told the European Central Bank Forum. The central bank is considering…
Bank of England Deputy Governor Sarah Breeden warned on June 30 that autonomous AI agents could trigger market meltdowns by herding on similar trades, proposing kill switches and circuit breakers as s…
Bank of England Deputy Governor Sarah Breeden warned that autonomous AI agents could amplify market volatility during stress, as existing regulatory frameworks were not designed for such systems. The …
Bank of England Governor Andrew Bailey said on June 30 the central bank sees no immediate need to adjust interest rates, even as rising oil prices complicate inflation. The Monetary Policy Committee h…
Andy Burnham's plan for a massive council house-building program, inspired by the 1970s, could reduce overall housing construction by diverting investment from private developers, according to Savills…
The IMF, BIS, and Bank of England have warned that leveraged AI investments pose systemic financial risks beyond inflated valuations. Record margin debt and leveraged ETF growth have created condition…
The Bank of England is warning that autonomous AI trading agents could trigger a market crisis by herding into identical decisions at machine speed, turning manageable stress into systemic collapse. D…
Bank of England Deputy Governor Sarah Breeden warned that autonomous AI agents could trigger a market meltdown by accelerating cyber threats and driving correlated trading behaviors. The central bank …
HSBC agreed to pay nearly $25 million after admitting failures in protecting Australian customers from scammers, marking one of the first cases globally where a bank is penalized for inadequate fraud …
The Bank of England is expected to hold interest rates at 3.75% on June 18, as inflation remains above the 2% target at 2.8%. The decision reflects a cautious stance amid geopolitical tensions and ene…
Canadian Prime Minister Mark Carney compared the US export ban that forced Anthropic to shut down its Fable 5 and Mythos 5 models to the 2008 financial crisis, warning that concentrated AI dependence …
Bank of England Governor Andrew Bailey warned Friday that artificial intelligence may need to be rationed because energy supplies cannot keep pace with AI's growing capabilities. Bailey said governmen…
OpenAI has offered nine major UK banks access to its cyber security AI tool GPT-5.5 Cyber after rival Anthropic blocked them from previews of its competing tool, Claude Mythos. The UK banks, including…