Between 2023 and 2026, Wall Street's use of AI evolved from chatbots that answer questions to agents that complete multi-step workflows using approved data and…
On 13 June 2023, OpenAI added function calling, letting models generate structured arguments for external functions and APIs: model to tool request to external system to…
Microsoft Research released AutoGen, a framework for building applications with multiple conversing agents, popularising multi-agent orchestration among developers. Lang…
Large banks scaled generative-AI assistants for document summarisation, research assistance, code generation, internal search and meeting preparation. Adoption was led b…
On 23 June 2025 Goldman made its GS AI Assistant available across the firm, with about 10,000 employees already using it at rollout for summarising documents, drafting c…
Banks explored and adopted agentic software-engineering tools, with Goldman among those testing autonomous coding assistants. Code can be tested, reviewed, version-contr…
Around its Q4 2025 earnings call and 2026 annual meeting, Goldman detailed One Goldman Sachs 3.0, a multi-year, AI-driven operating-model transformation. Initial workstr…
On 6 February 2026 Goldman confirmed roughly six months of work with embedded Anthropic engineers building Claude-based agents for trade and transaction accounting, clie…
On 5 May 2026 Anthropic released ten agent templates for financial services: pitch builder, meeting preparer, earnings reviewer, model builder, market researcher, valuat…
On 13 July 2026 Reuters reported Goldman Sachs, JPMorgan, Morgan Stanley, Citi, BNY and UBS accelerating agentic-AI adoption across wealth, client vetting, trading-relat…
On 31 August 2026 FSB Chair Andrew Bailey told the G20 that frontier AI's potential impact on cyber risk is the most immediate concern for the financial system. The Bank…
Read the complete story, FAQs and key facts.