AI
PwC Jumps into the AI Game
We recently wrote about Bloomberg integrating AI into their service with BloombergGPT, now PwC announced it will invest $1bn in AI tools to assist their staff in audit, tax and consulting services.
BANKING
Barclays Q1 Profits Exceeds Expectations
Barclays’ Q1 reported profits exceeded expectations, mostly buoyed by the consumer banking side whereas other areas such as investment banking not so much.
BANKING
Nomura Heading in Opposite Direction
Unfortunately for Japanese firm Nomura, they’re heading in the opposite direction of Barclays: Nomura reported decline in Q1 profits, for the second consecutive quarter.
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