Google Cloud launched Gemini Enterprise for Financial Services on August 25, 2026, targeting capital markets and corporate banking with purpose-built agents, secure connectors, and a Financial Researc…
Lloyds Banking Group plans to expand its network of relationship managers by 50% by the end of 2027, adding 500 more RMs to communities across the UK, according to Amanda Murphy, CEO of Business & Com…
A working paper from the Massachusetts Institute of Technology and Stanford found that women's prompts to AI chatbots for financial advice resulted in $59,890 less simulated wealth by age 60 than men'…
The Confederation of British Industry (CBI) has called on the UK Government to make AI adoption a national economic priority, urging a decade of 'adoption' to avoid firms being left behind. The CBI's …
Lloyds Banking Group COO Ron van Kemenade said the bank has eliminated over 900 legacy applications since he joined in June 2023 and plans to remove another 500, with agentic AI accelerating the refac…
Lloyds Banking Group unveiled a plan called Accelerate 2030 to cut £2bn in costs by 2030 using artificial intelligence, as half-year pre-tax profit rose 23%. The bank aims to lower its cost-to-income …
Lloyds Banking Group chief executive Charlie Nunn announced a new strategic plan, Accelerate 2030, targeting around £2bn in annual cost savings by 2030, driven partly by AI. Nunn said AI 'is going to …
Lloyds Banking Group will cut an additional £2 billion in costs over four years starting January 2027, deploying artificial intelligence and new technology as part of a broader £13 billion investment …
Lloyds Banking Group reported a 23% jump in pre-tax profit to £4.3 billion for the first half of 2024 and unveiled a new four-year strategy, Accelerate 30, targeting an additional £2 billion in cost s…
Lloyds Banking Group reported a 23% jump in half-year pre-tax profit to £4.3 billion, beating analyst expectations of £4.1 billion, as CEO Charlie Nunn unveiled a new four-year strategy targeting an a…
Lloyds Banking Group reported a statutory pretax profit of £4.3 billion for the first half of 2026, up 23% from £3.5 billion a year earlier and above analyst forecasts of £4.12 billion, as CEO Charlie…
Britain's largest banks remain locked out of Anthropic's advanced AI model Mythos, a tool critical for cybersecurity defense, exposing a dangerous dependency on U.S. technology, according to Harriet R…
Lloyds Banking Group has been accused of debanking left-wing news website The Canary, leaving the media outlet with 'barely any funds' and in a 'financially precarious situation'. The Canary claims Ll…
Lloyds Banking Group is recruiting nearly 300 agentic AI-related roles and offering one of the first Level 6 AI Engineering apprenticeships by a UK bank. Over 400,000 AI Academy courses have been take…
Banco Santander, owner of Santander UK, announced plans to cut costs by over €500 million (£433 million) by accelerating AI adoption across its global operations, targeting more than €1 billion in ext…
Lloyds Banking Group is investing £100 million in AI and hiring 300 specialists to work on agentic AI, aiming to boost efficiency in fraud prevention, customer service, and internal operations. The ba…
Lloyds Banking Group is hiring 300 technology specialists for AI initiatives, investing over £4 billion in digital and AI technologies since 2023. The bank expects generative AI to deliver over £100 m…
Banks are racing to appoint chief AI officers, with adoption surging from 26% to 76% in a year, according to an IBM survey. HSBC, Commonwealth Bank of Australia, and Lloyds Banking Group have made hig…
Lloyds Banking Group presented a practical security playbook for agentic AI at the OWASP GenAI Security Summit during Infosecurity Europe, framing security as its 12th "bet" alongside 11 AI and innova…