Agentic AI race by British banks raises new risks for regulator

By Phoebe Seers and Kirstin Ridley LONDON, Dec 17 (Reuters) - A race among banks to adopt agentic AI, which can make decisions and take autonomous action, runs new risks for retail customers, said Britain's financial watchdog, which is pledging to ensure their interests are not sidelined. AI 'agents' could revolutionise how people budget, ​save and invest, for example by moving idle cash into higher-yield accounts or adjusting portfolios in response to market swings. Unlike generative AI, which produce ...