FI News: The Herculean Challenge For UBS
UBS has been focused recently on Asia where they have initiated the migration of Credit Suisse customer data onto UBS systems.
Bank of England: The PRA announces a delay to the implementation of Basel 3.1
The PRA, in consultation with HM Treasury, has decided to delay the implementation of Basel 3.1 in the UK by one year until 1 January 2027.
Computer Weekly: Almost half of UK banks set to miss DORA deadline
According to a recent survey, 43% of British financial services organisations say they are still exploring DORA.
Finextra: JP Morgan unveils biometric payment terminals
J.P. Morgan has unveiled two proprietary biometric-enabled in-store payment terminals that will be offered to retailers later this year.
Finextra: Bank of England to launch Digital Pound Lab
The Bank of England is to launch a Digital Pound Lab as it sets out its blueprint for the design phase of a future Britcoin.
Finextra: EBA publishes final guidelines on ESG risk management
The European Banking Authority (EBA) has published its specific requirements regarding management of ESG-related risks.
PYMNTS: 5 Blockchain Projects the World’s Biggest Banks Are Behind
Blockchain has gone quiet from its peak a few years ago but there are a number of big bank backed projects going on.
Built In: How AI Is Transforming Cyber Threats in 2025
By 2025, we’ll move past simple AI-driven threat detection into full-scale machine-versus-machine warfare.
efinancialcareers: London electronic trading firm pays $3m per partner, $450k to everyone else
I get asked by a lot of people about compensation in the “hedge fund” world. Here is one example – GSA Capital.
Finextra: AI threatens as many as 200,000 jobs in global banks – Bloomberg
Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to a market survey conducted by Bloomberg Intelligence.