Citi’s global head of equities execution quants is leaving; a London MD is off the desk

Changes in Citi’s Electronic Execution Business Changes are occurring in Citi’s electronic execution business, although their extent is unclear. In New York, we understand that Gabriel H. Tucci, a managing director and the bank’s global head of the equities execution quant team, has resigned. In London, Jamie Miller, the co-head of EMEA electronic execution is […]

Agentic AI’s Evolution and Its Impact on Financial Stability

The world of agentic artificial intelligence (AI) has witnessed a significant shift in capabilities, raising concerns over the potential implications for the financial system’s cyber resilience. This was the view expressed by Sarah Breeden, the Bank of England’s Deputy Governor for Financial Stability, at a recent conference. The Step Change in AI Capabilities Speaking at […]