Category : Search result: financial services AI


Amazon Web Services Hit by Major Seattle Power Outage

A severe power failure at Amazon's Seattle data centre has triggered widespread disruption across AWS services, affecting major websites and streaming platforms in what experts are calling a critical infrastructure failure.

Australia forces banks to maintain cash services

The Australian government announces sweeping new regulations forcing banks to maintain cash services nationwide, protecting vulnerable communities and regional areas from banking deserts.

First Guardian and Master Trust Create UK Pension Giant

In a landmark move for UK retirement security, First Guardian and the Master Trust join forces to create Britain's biggest pension consolidation fund, promising enhanced returns and stability for millions of members.

NatWest Announces Major Banking Overhaul

NatWest Group reveals strategic transformation plan affecting Ulster Bank operations, customer services, and regional banking infrastructure across the UK and Ireland.

FCA Under Fire Over Soaring Consumer Complaints

The Financial Conduct Authority faces mounting criticism as consumer complaints against financial firms skyrocket, revealing serious gaps in investor protection and regulatory oversight.

Barclays downplays £20bn private credit exposure

Barclays Bank moves to reassure investors as it reveals significant stake in booming but volatile private credit sector, insisting risks are 'well managed' despite market turbulence.

Stuart Gulliver: HSBC Banking Titan Dies

Explore the remarkable life and career of Stuart Gulliver, the former HSBC CEO who navigated the banking giant through global crises and regulatory challenges, leaving an indelible mark on international finance.

AWS Outage Causes Global Internet Disruption

A major AWS outage crippled countless websites and services worldwide, revealing our deep dependence on Amazon's cloud infrastructure. Here's the full breakdown of the incident.

UK's Worst Bin Collections Exposed

Exclusive analysis reveals the UK councils with the worst bin collection records as residents face overflowing waste and missed collections.

Major AWS Outage Hits UK Businesses and Websites

A significant AWS outage has caused widespread disruption across the UK, affecting major websites, streaming services, and business operations. Downdetector reports massive spike in error reports.

KPMG consultant leaked Bank of England rate data

Exclusive investigation reveals how a senior KPMG consultant improperly obtained and shared confidential Bank of England interest rate information, sparking regulatory scrutiny and raising serious questions about financial sector integrity.

Reeves pledges to block Autumn Budget tax rises

Shadow Chancellor Rachel Reeves vows to block Autumn Statement tax increases, promising pro-business reforms and a major ISA overhaul to boost UK economic growth post-Brexit.

Lloyds Bank Faces FCA Motor Finance Probe

The Financial Conduct Authority launches investigation into Lloyds Banking Group's motor finance practices, potentially impacting millions of customers and leading to significant compensation claims.

Ben Smith appointed Newcastle Building Society CEO

Newcastle Building Society announces Ben Smith as incoming Chief Executive, bringing extensive financial services experience to lead the mutual's next chapter of growth and member-focused strategy.

Lloyds Bank cuts 1,600 jobs in restructuring

Lloyds Banking Group reveals plans to slash 1,600 jobs while creating 830 new roles in strategic restructuring. The changes affect multiple locations including Bristol and Edinburgh as the bank accelerates its digital transformation.

Page 2 of 4