Robo-surveillance will be a big theme among European banks in the coming years as the use of technology to solve life's problems is "knocking" around the corner, according to Morgan Stanley's head of European banks research Huw Van Steenis.

Van Steenis, speaking to Financial News on November 25, the day after his team published a European outlook report, said that "the desire of many investment banks is to have robo-compliance, so that they can increasingly use surveillance and smart technology to fight against financial crime".