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Finance & Banking · 3 min read

UK Financial Regulator Warns Banks Are Pulling Back on AI Exposure as Correction Risk Mounts

Britain's financial regulator said major UK banks are trimming AI-related asset exposure as Morgan Stanley separately warned that leveraged AI data center debt faces a higher bar — marking a notable shift from mid-2026's aggressive AI lending posture.

1d ago

Finance & Banking · 4 min read

Treasury Secretary Bessent Warns AI Could Be Weaponized to Hack U.S. Bank Accounts

Treasury Secretary Scott Bessent issued a rare systemic warning that AI is enabling cyberattacks capable of breaching bank accounts at scale — and that financial institution defenses currently trail the threat.

May 5