The market is repricing the risks around investments related to the buildup of artificial intelligence that could lead to more discipline in financing, according to DBS Group Holdings Ltd. Chief Executive Officer Tan Su Shan.

Junior Wall Street recruits are starting their careers managing artificial intelligence agents rather than spending years doing entry-level grunt work, calling into question the future of traditional middle managers, according to a top Goldman Sachs Group Inc. executive.

Billionaire Ray Dalio warned that artificial intelligence is a “classic bubble” that is nearing a bursting point thanks to rising interest rates and the need to turn wealth into cash.

JPMorgan Chase & Co. held its spot as the world’s most advanced bank in artificial intelligence, widening its lead over rivals in an annual ranking that shows AI deployment across the industry is accelerating at a record pace.

Singapore’s major financial institutions pledged to train more than 80,000 local employees in AI skills as the country moves to cushion white-collar workers from potential job disruption.

Singapore has earmarked S$220 million ($173 million) over three years to fund financial technology and innovation, as it seeks to stay competitive with other rival hubs including Hong Kong that are also investing in this area.

An AI startup that counts some of the world’s largest investment banks among its clients is hiring staff in key Asian hubs, betting that more of the region’s financial firms are ready to embed the technology deeper into their operations.

Singapore’s parliament passed an amended motion on the country’s economic future, backing a call for a more equal and inclusive economy that has room for both local companies and global firms, CNA reported.

National Australia Bank Ltd. is staying with US-built AI models for now, as its technology chief says Chinese systems may lack the ethical restrictions that are placed on the largest US developers.

Oversea-Chinese Banking Corp.  plans to increase its annual technology spending, including on artificial intelligence, to more than S$1 billion ($771 million), said a top executive.

Standard Chartered Plc’s former global head of AI enablement, David Hardoon, has joined Accenture Plc as managing director and head of advanced AI for Southeast Asia.

Banks from Sydney to London are racing to fill the senior role of chief AI officer, a job that barely existed a year ago. Those in the position, however, say it might not be around for long.

JPMorgan Chase & Co. is hiring Nomura Holdings Inc.’s international head of artificial intelligence strategy, according to people familiar with the matter, as the Wall Street bank steps up recruitment of AI specialists to boost productivity.

Global banks are pouring billions into artificial intelligence yet struggling to automate workflows. Two ex-bankers say they are being hired to ignite the shift.

Singapore new home sales surged in April to a six-month high as fresh projects attracted buyers, signaling the market remains buoyant despite the Middle East conflict.

Singapore new home sales surged in April to a six-month high as fresh projects attracted buyers, signaling the market remains buoyant despite the Middle East conflict.

United Overseas Bank Ltd. reported a lower first-quarter profit driven by declines in lending and fee income, while Greater China non-performing assets rose.

Regulators across Asia are stepping up scrutiny of cybersecurity risks in their financial systems, as concerns over Anthropic PBC’s latest AI model Mythos spread.

Singapore new home sales rose in March as fresh project launches drew buyers back to the market after a slow start to the year.

The executive leading Standard Chartered Plc’s adoption of artificial intelligence is leaving the emerging markets lender less than a year into his role, according to people familiar with the matter.