News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Regulation

Banks call in AI experts in race to keep up with regulation

Financial services firms are ramping up their use of generative AI as they try to keep up with their regulatory obligations

Banks are experimenting with AI to help keep them out of trouble
Banks are experimenting with AI to help keep them out of trouble Photo: Bloomberg via Getty Images

Bankers are looking to draft in artificial intelligence expertise as they hope new technology can help them keep up with a tide of fresh regulation.

Citi is using AI to decode thousands of pages of new capital rules, Bloomberg reported earlier this month.

WSJ Logo