Deutsche Bank has announced a multi-year innovation partnership with NVIDIA to accelerate the use of artificial intelligence (AI) and machine learning (ML) in the financial services sector. Combining Deutsche Bank’s financial industry expertise with NVIDIA’s […]
For the first time, the Chubb annual study on cyber risk finds that more people are taking concrete steps to protect their personal information and data from cyber-attacks. While the progress is encouraging, poor cyber-security […]
Latest update from the FCA; The Financial Conduct Authority (FCA) has fined Shariah compliant Gatehouse Bank Plc £1,584,100 for significant weakness in its financial crime systems and controls. Between June 2014 and July 2017 Gatehouse […]
Inflation is approaching 1970s levels in the UK so if you are in business then it’s nice to offset some of that loss by getting 1.5% interest on your working company balance. Here’s the word […]
Aegon announced recently that it has decided to sell its 50% stake in the Spanish insurance joint venture with Liberbank to Unicaja Banco. The sale follows the change of control in Liberbank after its merger […]
Some industry comment on the recent BOE CBES statement, which can be found here. ABI Charlotte Clark, ABI Director of Regulation said: “We welcome the publication of the Bank of England’s results from its flagship Climate Biennial […]
The FCA has prohibited five directors of financial advice firms from working in financial services and collectively fined them over £1 million, after they caused significant losses to pension customers. The largest individual fine was […]
Barclays cops a fine over Premier FX collapse; The Financial Conduct Authority (FCA) has fined Barclays Bank Plc (Barclays) £783,800 for oversight failings in its relationship with collapsed payments firm Premier FX. Barclays was Premier […]
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