AI could eliminate up to 70% of manual risk tasks in banks, free capacity for strategic roles: McKinsey

Mint - Nov 10, 2026

Artificial intelligence could eliminate 60-70 per cent of manual operational tasks in banks' risk functions, allowing lenders to redirect resources towards deeper risk analysis, strategic decision-making and AI development, according to a report by McKinsey.

Read full article

More News

British TV viewers suffering from 'streaming overload' because they are 'overwhelmed by choice' - with millions calling for a 'return to simpler times'

Nov 10, 2026

British TV viewers suffering from 'streaming overload' because they are 'overwhelmed by choice' - with millions calling for a 'return to simpler times'

TV viewers are said to be suffering with 'streaming overload' - with millions calling for a 'return to simpler times'

As 1 mainland Chinese chip IPO soars, another stumbles in busy Hong Kong week

Nov 10, 2026

As 1 mainland Chinese chip IPO soars, another stumbles in busy Hong Kong week

Two mainland Chinese chip suppliers made sharply divergent trading debuts in Hong Kong on Tuesday after raising a combined HK$2.2 billion (US$280 million), underscoring investors’ selective appetite for semiconductor stocks despite a pickup in new listings. Suzhou Denglin Technology, the week’s largest listing, fell by as much as 8.6 per cent in morning trade after raising HK$1.4 billion in its initial public offering (IPO). The graphics processing unit maker priced its shares at HK$231 – the...

Nvidia CEO Jensen Huang reportedly hired scandal-management PR firm before affair controversy surfaced

Nov 10, 2026

Nvidia CEO Jensen Huang reportedly hired scandal-management PR firm before affair controversy surfaced

Nvidia CEO Jensen Huang reportedly hired crisis communications firm Heller Inc a year before acknowledging an affair with a former Megaspeed executive suspected of links to Chinese intelligence. 

Chinese biotech giant WuXi AppTec’s shares jump after Pentagon blacklist reversal

Nov 10, 2026

Chinese biotech giant WuXi AppTec’s shares jump after Pentagon blacklist reversal

WuXi AppTec’s shares jumped on Tuesday after the Pentagon removed the company from a list of entities allegedly linked to the Chinese military, marking a win for the biotech service giant and raising hopes among other mainland firms challenging US blacklists. The US deputy secretary of defence decided to delist WuXi AppTec from its list of “Chinese military companies”, according to a notice published on the Federal Register on Tuesday. WuXi AppTec surged more than 6 per cent at the open in Hong...

Chinese traders still confident of Nvidia GPU access amid Jensen Huang scandal

Nov 10, 2026

Chinese traders still confident of Nvidia GPU access amid Jensen Huang scandal

Prices for Nvidia graphics processing units (GPUs) are falling in China’s largest electronics market, as traders shrug off the frenzy of market speculation over tightening export controls in the wake of the US midterm elections and the Jensen Huang affair. The US chip giant’s top-of-the-range GeForce RTX 5090 graphics card surged in price last month at Shenzhen’s Huaqiangbei market, but that was mostly driven by rumours that Nvidia was going to halt production to focus on high-end enterprise...

Trump says FBI investigating Nvidia boss's affair with alleged Chinese spy

Nov 10, 2026

Trump says FBI investigating Nvidia boss's affair with alleged Chinese spy

The US president said he spoke with Jensen Huang on Monday and asked him about the affair with the alleged spy.

Australia to mandate AI breach reporting, create regulator after OpenAI breach

Nov 10, 2026

Australia to mandate AI breach reporting, create regulator after OpenAI breach

OPENAI-CYBERSECURITY-AUSTRALIA:Australia to mandate AI breach reporting, create regulator after OpenAI breach

Qantas to outsource 850 local jobs with most roles moving to India

Nov 10, 2026

Qantas to outsource 850 local jobs with most roles moving to India

The Australian airline said the move was aimed at modernising its IT systems and noted the impact of AI.

What Is Congress’s Plan to Speed Up Energy Permits?

Nov 10, 2026

What Is Congress’s Plan to Speed Up Energy Permits?

The sprawling bill, which has divided Democrats, would overhaul major environmental laws to streamline the permitting process.

Iran War Unexpectedly Drove Down Carbon Emissions This Year

Nov 10, 2026

Iran War Unexpectedly Drove Down Carbon Emissions This Year

It’s the first drop in planet-warming pollution since the pandemic in 2020. But researchers cautioned that the decline could be short-lived.

Less coupon math, more AI: what’s new for China’s 18th Singles’ Day

Nov 10, 2026

Less coupon math, more AI: what’s new for China’s 18th Singles’ Day

For Sunny He, a 32-year-old Shanghai resident, this year’s Singles’ Day shopping season culminated in a single, high-value purchase: a 12,000-yuan (US$1,797) iPhone 18 Pro Max, sweetened by a 300-yuan voucher on Alibaba Group Holding’s Tmall marketplace. “For me, Double 11 definitely isn’t as lively as before because I have less spare cash than in previous years,” He said. “Even so, I’ll take advantage of this chance for products that I couldn’t bear to buy at full price, like a new...

The superpower battle over energy – and what it means for your bills

Nov 10, 2026

The superpower battle over energy – and what it means for your bills

A tug-of-war between China and the US could have a big impact on energy costs, but who will win?

Recommended

About Us
Logo

In-Depth Science delivers comprehensive and compelling news and analysis on everything science and technology, seven days a week in a reader-friendly format.

Contact us: sales[at]indepthscience.com

Copyright © 2015 - 2026 In-Depth Science. All Rights Reserved.