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Lloyds Banking Group is launching a six-month training program for over 200 senior leaders to enhance their artificial intelligence skills, partnering with Cambridge Spark and experts from Cambridge University. The initiative aims to integrate AI deeply across the organization, fostering innovation and commercial excellence. Additionally, the bank is expanding AI training to all employees through various programs, addressing both the opportunities and risks associated with AI in the financial sector.
In the wake of the Credit Suisse crisis, seven female law professors from Swiss universities are advocating for stricter too-big-to-fail regulations to enhance financial stability. Their proposals include a senior managers regime, expanded deposit protection, and a resolution fund, aiming to mitigate risks posed by large banks to the Swiss economy. The discussion highlights the need for clearer rules and stronger authorities in banking regulation, as Parliament prepares to address these issues.
The New York Department of Financial Services (NYDFS) and the Bank of England (BOE) have launched the Transatlantic Regulatory Exchange (TRE) to harmonize global crypto regulations. This initiative includes a staff exchange program starting in February, aimed at enhancing regulatory capabilities in digital finance and payment systems.NYDFS Superintendent Adrienne A. Harris and BOE Deputy Governor Sarah Breeden emphasized the importance of collaboration between New York and London to foster innovation and ensure consumer protection in an interconnected financial landscape.
Bank of England Deputy Governor Sarah Breeden emphasized the need to eliminate the stigma surrounding central bank liquidity facilities. Speaking in Washington, she warned that viewing these tools solely as crisis management could hinder their effectiveness, a sentiment echoed by S&P Global Ratings.
Sarah Breeden
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Lloyds Bank invests in AI training for over 200 senior leaders
10:46 26.03.2025
experts call for stronger regulations after credit suisse crisis
Credit Suisse High Yield Bond Fund, Inc.
Bank of England
International Monetary Fund FUND
Swiss National Bank
CHE
Mirjam Eggenschwiler
Isabelle Chabloz
Corinne Zellweger-Gutknecht
Aline Darbellay
Yan Liu
Neil Esho
Sarah Breeden
Karl-Heinz Zimmermann
Eva H. G. Hupkes
Nina Reiser
Franca Contratto
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14:50 15.01.2025
new york and bank of england launch global crypto regulation initiative
12:52 14.01.2025
central banks urged to overcome stigma around liquidity facilities
16:57 23.10.2024
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