Barcelona 7: Artificial Intelligence in Finance

Thierry Foucault, Leonardo Gambacorta, Wei Jiang and Xavier Vives
Additional contact information
Wei Jiang: Emory University Goizueta Business School; ECGI; NBER

No 1599, HEC Research Papers Series from HEC Paris

Abstract: The seventh report in The Future of Banking series, part of the Banking Initiative at IESE Business School, examines the fundamental transformations induced by artificial intelligence and the policy challenges it raises. It focuses on three main themes: the use of AI in financial intermediation, central banking and policy, and regulatory challenges; the implications of data abundance and algorithmic trading for financial markets; and the effects of AI on corporate finance, contracting, and governance. Across these domains, the report emphasises that while AI has the potential to improve efficiency, inclusion, and resilience, it also poses new vulnerabilities that call for adaptive regulatory responses.

Keywords: Banking; algorithmic trading; central banking (search for similar items in EconPapers)
JEL-codes: E58 G18 G21 (search for similar items in EconPapers)
Pages: 217 pages
Date: 2025-06-05
New Economics Papers: this item is included in nep-fdg
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://cepr.org/system/files/publication-files/25 ... gence_in_finance.pdf Full text (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebg:heccah:1599

DOI: 10.2139/ssrn.5283385

Access Statistics for this paper

More papers in HEC Research Papers Series from HEC Paris HEC Paris, 1 Rue de la Libération, 78350 Jouy-en-Josas, France. Contact information at EDIRC.
Bibliographic data for series maintained by Antoine Haldemann ( this e-mail address is bad, please contact ).