19 articles tagged UK banking
The Financial Conduct Authority is pressing UK financial firms to evidence AI governance and assurance in live operations, with submissions to the AI Input Zone open until 19 June 2026.
London-headquartered Standard Chartered will cut 15% of back-office roles by 2030, the first major global bank to explicitly tie thousands of redundancies to AI.
Standard Chartered will cut more than 15% of back-office roles — about 7,800 jobs — by 2030 as it accelerates AI adoption, CEO Bill Winters announced on Tuesday.
Anthropic will open Claude Mythos access to UK banks within the week as Andrew Bailey, Christine Lagarde and Canadian finance minister warn over governance.
Lloyds embeds academic researchers with engineering teams to measure agentic AI effects on output quality, development speed and operational scaling.
The UK fintech giant reported a 57% jump in pre-tax profits for 2025 while warning that public attitudes towards energy-intensive AI and crypto could affect demand for its services.
Starling Assistant uses voice and natural language processing to complete banking tasks, set budgets and answer queries for personal current account holders.
Visa's Agentic Ready programme recruits Barclays, HSBC UK, Nationwide and other major banks to test AI agent-initiated payments in live environments.
Barclays earned £9.1bn in pre-tax profit for 2025 and raised its performance targets to 2028, positioning AI as a core part of its cost discipline strategy.
