Recent Posts
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AI Agents: Banks and FCA Set the Line
Banks aren’t banning AI agents. They’re deciding who gets through the front door, and the FCA is setting out the house rules. What it means for wealth firms.
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The FSB’s Final Word on AI: Longer, and Less Specific
The final FSB AI sound practices dropped the draft’s most specific controls. The questions behind them did not go away.
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Singapore Finalized Its AI Guidelines. Now the Clock Is Yours.
The MAS AI risk management guidelines cover your agents today. Agent-specific guidance? Consultation in 2027. Guess who’s accountable meanwhile.
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We’ve Been Here Before: Tellers, Robo-Advisors and HSBC’s 70%
HSBC’s reported 70% advisor cut fits an old pattern. What AI in financial services really changes, and my bet for 2028.
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Q3 Is the Quarter Claude Finally Stumbled
Claude’s stock picks stumbled in Q3 as the AI infrastructure trade reversed. It still leads the year, but one fund shows how bad July could have been.
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Five AIs Advised a Retiree. None Asked the First Question.
A test of AI investment advice to a retiree with CHF 150,000: 5 models, best grade “sufficient.” Not one asked how much risk he could take.
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Nobody Saw ChatGPT Coming. Everybody Sees AGI Coming.
Nobody predicted ChatGPT; everybody predicts AGI. Why AGI predictions are wrong, and what tech fever dreams actually leave behind.
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Banks Are Finally Buying AI. That Was The Easy Part.
Wall Street is buying AI at scale. Why AI adoption in banking stalls on workflow, judgment and governance, not on frontier model capacity.
