All articles by Kuldeep Jha
Kuldeep Jha
JPMorgan could spend up to $20bn on acquisition, says Jamie Dimon
Dimon said: “I do think there might be, in the next couple years, a chance to put $10 or $20bn to work buying something.”
Lighter rules help US, UK banks add $1.3tn to balance sheets
In Europe, higher capital requirements for seven of the EU’s biggest banks are set to cut balance sheet capacity by €1.3tn.
Standard Chartered to cut over 15% of roles by 2030 as AI drive expands
Chief executive Bill Winters said the changes would be felt across the bank’s global network, including hubs in Bengaluru, Shenzhen and Warsaw.
Anthropic to share Mythos-linked cyber weakness findings with financial regulator
Bank of England Governor Andrew Bailey requested the briefings, asking Anthropic to present its Claude Mythos Preview capabilities to the FSB.
UK finfluencer content is mostly “low quality”, research warns
Only 8% to 9% of posts stated the creator’s relevant expertise. Just 12% to 13% included disclosures or disclaimers.
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HSBC hosts private talks with UK banks over climate-risk disclosures
Representatives from HSBC, Barclays, Santander, NatWest and Lloyds gathered at HSBC’s Canary Wharf offices last week, according to the FT.
Banks outpace regulators on AI adoption, report finds
Over 80% of financial firms now use AI, whereas regulators remain in the early stages of adoption.
JPMorgan Chase becomes first global banking partner of Olympic Games
The banking giant also struck an agreement to serve as the official bank of Team USA and LA28.
OCC grants conditional approval for Mercury to set up Mercury Bank, N.A.
The bank will be headquartered in Utah, with Jon Auxier set to serve as CEO and president.
Customers Bank broadens OpenAI collaboration to automate lending and onboarding
The bank will use OpenAI’s models to redesign workflows across lending, deposits and payments.