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...Ellesheva Kissin is a reporter at Banking Risk and Regulation, a service from the Financial Times...
...and divesting a minority stake in its lucrative trading division via an initial public offering....
...The surge of money flooding into artificial intelligence has resulted in some crypto-like hype that is obscuring the incredible scientific progress in the field, according to Sir Demis Hassabis, co-founder...
...One person familiar with the restructuring said about 175 permanent roles were in jeopardy as a result of the changes, 150 of them in the risk division....
...A joint venture between First and Italy’s main rail operator Trenitalia, Avanti won the franchise for services on the UK’s busiest intercity rail artery in 2019....
...Yet in spite of the significant advantages flying has over rail, many aviation executives worry they will face growing regulatory scrutiny if they are not seen to be making progress on decarbonisation....
...“There is no big slip-up here, with early signs of progress on costs in particular,” said Numis analyst Jonathan Pierce....
...Goldman has made measurable progress at promoting women in recent years and women run several of its non-core divisions....
...There has been no such progress in the dispute between Aslef, train companies and the government, which has continued for more than a year....
...The conglomerate expects “significant growth in both profitability and cash generation” this financial year, having in January forecast “meaningful progress” in both metrics....
...Southern powerhouse: Southern Europe’s growth spurt needs to be built upon, writes the FT, with vital reforms for sustained progress....
...The lender’s choice last week of Vis Raghavan to head banking means that all five heads of its operating divisions and its CFO are men....
...The organisation of rail services is, to some extent, irrelevant to the travelling public who care about timetables, fares, and service levels....
...“The urgency of reopening these crossings and restoring rail service between the two nations cannot be overstated,” said Ian Jefferies, chief executive of the Association of American Railroads....
...The monopoly’s chief executive Portia Derby and its head of freight rail — the biggest division in an empire that also spans ports and pipelines — have both resigned in the past month....
...studios division....
...Pritchard did not elaborate on how the FCA’s supervision division might deal with a firm that was persistently using NDAs but stressed that there were “a number of valid reasons why an entity might use a...
...Big Four rival PwC is using AI chatbots in its legal and tax divisions to speed up the work of its employees by summarising large documents and identifying compliance issues....
...A parcel takes on average just seven minutes to progress through hundreds of metres of conveyor belts before emerging sorted for onward delivery....
...Goldman Sachs is planning to increase bonuses in its trading business despite revenues in the division falling this year, according to people familiar with the matter....
...Google also began integrating its Google Brain and DeepMind teams in April to accelerate its progress in AI....
...As part of the Italy deal, Vodafone will continue to provide certain services to Swisscom for up to five years....
...The Office of Rail and Road on Monday urged Network Rail to address its “limited progress” in dealing with the problem and published figures showing tens of thousands of outstanding inspections of structures...
...Train performance standards softened | Ministers have lowered performance standards for the UK’s largest rail franchise after its operator Govia Thameslink Railway failed on most measures of service quality...
...Avanti’s services, which also suffered a period of severe disruption, had recovered well, Sutherland said....
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