AI
UBS’s Rob Karofsky on using AI to boost US wealth arm: ‘60% of our efforts are focused on productivity’
Swiss wealth giant is using AI to speed up admin tasks and generate prompts for advisers to have more ‘focused’ conversations with clients
3 min read
Consultants cash in on AI boom: ‘Demand has gone up dramatically’
Consultancy bosses are targeting AI and cybersecurity as key growth areas to defy a sector slowdown
4 min read
Banks are bringing in AI ‘Maestros’ to beat their competitors
Trading desks are cautiously embracing generative AI to boost efficiency
4 min read
Artificial intelligence and private equity are threatening to transform consulting
Half of entry-level positions may go and firms may switch focus to areas AI can’t upend
4 min read
HSBC eyes AI bots to replace back office jobs
The UK lender is interested in using AI agents created by a tech startup
2 min read
Accenture backs AI boom with new management structure
Consultancy is trying to position itself for further tech growth
2 min read
‘Massive risk’ for law firms not adopting AI, says ex-PwC consultant
Catch up on this week’s top legal news
2 min read
The rush to AI in the financial sector risks more data breaches
Many firms don’t have proper governance to control their bots, according to new research
2 min read
JPMorgan, Wells Fargo and Citi lead race for AI talent as job numbers swell
AI recruitment has increased 13% over the past six months as banks have cut employees
2 min read
Deloitte triples number of auditors using AI chatbot
Big Four firm’s bosses say AI will have a positive impact on junior staff
2 min read
UBS trading heads double down on China amid DeepSeek-driven tech rally
Chinese stocks have flourished in 2025 following a major AI breakthrough
2 min read
Man Group president says AI needs to prove its worth in 2025
Steven Desmyter said what happens with the technology this year could have an impact on markets
Some hedge funds thought AI would help them beat the market. Then things got real
The Eurekahedge AI Hedge Fund Index has lagged the S&P 500, proving that the machines aren’t learning from their investing mistakes
Schroders ups AI use as staff embrace in-house Genie
The UK-listed fund group says its AI tool is now used by more than 2,400 employees a week
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Abrdn to launch AI tool with Edinburgh University
FTSE 250 asset manager begins work with academics on using the technology for investment research
2 min read
Who will be AI winners in finance? Bet on the bankers, not the clients
Tech will make life easier and tasks cheaper — but don’t expect fees to come down
4 min read
Goldman Sachs deploys its first generative AI tool across the firm
It started by centralising all its proprietary AI technology on an internal platform, which CIO Marco Argenti said might have slowed it down at first, but is now paying off
4 min read
Accenture passes $2bn in AI revenue as consultants rush for tech work
With the consultancy sector under pressure, all eyes are on who can cash in on one market that is booming
1 min read
Banks eye $170bn profit boost from AI adoption
Banks are rushing to adopt AI technology
2 min read
