16 October 2026
JPMorgan's CEO urges regulators to prepare for banking AI agents
First reported
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- Jamie Dimon, chief executive of JPMorgan Chase, the large US bank, says AI agents could cause harm in banking.
- AI agents are software that carries out multi-step tasks on its own, rather than just answering a question.
- Dimon's position is that financial regulators should get ready for these risks now, before they arrive.
How it was covered
TransformerShakeel Hashim
Dimon's comments on AI agents and bank regulation