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Early-career accountants  and finance professionals believe they will depend on AI for future career success, according to a new survey. Findings from accountancy and book keeping platform Intuit QuickBooks, revealed that around 90% said they will be better equipped to use AI compared to future

HSBC is axing jobs at its UK wealth division following a push to reduce costs through the use of artificial intelligence. The lender is currently consulting to changes it wealth management operations as part of the shake-up, which would impact the hundreds of relationship managers and financial advi

Wirecard whistleblower Pav Gill has launched a new agentic governance platform bringing governance, risk and compliance (GRC) into one system to end reliance on a "patchwork of disconnected point solutions". Confide will give professionals a shared environment in which to set the standard for how GR

Finance Innovation Now (FIN) has appointed Dr Ana Rojo-Echeburúa as Head of AI & Finance Transformation. The Edinburgh headquartered, AI, innovation and transformation business launched in 2025 by iMultiply hired Dr Rojo-Echeburúa following 18-months of growth.

HgCapital Trust has reported a decrease of 4.9% in its net asset value (NAV) to 530.7 pence per share, despite a strong first half for 2026 across its portfolio. The firm reported net assets of £2.4bn, with its share price seeing a sharp decline of 24.9% on a total return basis, and market cap

Young investors trust AI tools more than TV or influencers, according to new research. Data from the Financial Conduct Authority (FCA) found that 56% of 18-40 year-olds who own or are considering investments trust AI tools, compared with 47% for TV and radio, 46% for news media (down one percentage

JPMorgan American Investment Trust (JAM) has increased its exposure to artificial intelligence (AI) related businesses and added SpaceX, having missed out on the returns this year. The £2.2bn portfolio run by Graham Spence, Jack Caffrey and Felise Agranoff, trimmed the number of shares in Micr

Aviva's UK and Ireland general insurance chief executive Jason Storah has avoided answering questions around the impact of its Artificial Intelligence (AI) investment on the workforce as it continues to adopt the technology. Mr Storah acknowledged that the firm was exploring "how many people do we n

Young people in Scotland are increasingly turning to AI tools and social media to guide their careers, in some cases replacing advice traditionally provided by parents and teachers, according to BDO. The firm's Young Minds 2026: The Unequal Advantage report, based on a survey of 2,000 18 to 25-year-

Lloyds Banking Group is expanding its use of artificial intelligence across fraud prevention, combining agentic AI with real-time scam detection to protect its 28 million customers. The Bank of Scotland-owner's AI fraud agent was developed by fraud, technology, data and risk specialists using Envoy,

KPMG’s US leadership team is conducting regular tours of Silicon Valley to identify and collaborate with early-stage artificial intelligence start-ups before they become large enough to disrupt the Big Four firm’s business. In an effort to accelerate technological adoption, US chief exec

Artificial intelligence could automate between 30% and 50% of tasks in most financial services roles, threatening significant employment consequences across the industry unless the technology is leveraged to drive growth rather than just efficiency, a new report has revealed. Commissioned by the UK

Standard Chartered is set to axe approximately 7,800 jobs by 2030 as part of an aggressive shift towards artificial intelligence and automation. The London-headquartered banking giant, which employs around 82,000 staff globally, has revealed it intends to slash more than 15% of its back-office roles

The Financial Conduct Authority (FCA), Bank of England and HM Treasury have issued a joint warning that frontier artificial intelligence models now pose a materially heightened cyber threat to regulated firms, and have set out clear expectations on how the sector should respond. In a joint statement

Bank of Scotland-owner Lloyds Banking Group has launched Envoy, a new internal platform that provides a secure and governed way to build and run AI agents across the organisation. Envoy supports the group’s ambition to scale agentic AI responsibly, helping colleagues work more efficiently whil