Bank of England warns AI could heighten risks to financial stability

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-11
Category: finance
Source: Cyprus Inform

The Bank of England has issued a warning that artificial intelligence poses a growing threat to financial stability, citing heavy investor bets on the technology and increased cyberattack exposure for banks. This assessment was part of its half-yearly review of risks to Britain's financial system.

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