Tag: Financial Times
JP Morgan launches LLM Suite AI tool for employee tasks
JP Morgan Chase has launched a new “LLM Suite” generative artificial intelligence (AI) tool to help its employees with daily tasks.According to the Financial...
Report: Lloyds to axe ‘impeding’ risk team after company memo
Financial Times has reported that Lloyds Banking Group plans to axe risk management staff after an internal review found the function was a “blocker...
Credit Suisse reports ‘weaknesses’ in financial controls
In its latest financial report detailing its 2022 performance, Credit Suisse raised cause for concern as it reported that ‘management did not design and...
Fintech market suffers $460bn loss in 2022
The fintech market has suffered a sharp decline since the turn of the year, as almost half a trillion dollars has been lost according...
Wirecard appoints KPMG in response to Financial Times investigation
German payments firm Wirecard has brought in KPMG to carry out an independent audit following a Financial Times (FT) investigation which uncovered “suspect accounting...
