Which large banks use AI for trading and markets?

Data checked Oct 28, 2026 · 32 of 141 banks qualify · 50 sources cited · template updated Oct 30, 2026

AI use cases · computed from bank profiles; nothing on this page is written by a model. All ranked answers: /banks/leaders

On the public record as of Oct 28, 2026, 32 of the 141 large banks profiled describe at least one sourced AI use case for trading and markets on their profile. Ranked by use cases (in production), the top 5 are Société Générale (3 use cases), Citi (3 use cases), Standard Chartered (3 use cases), State Street (3 use cases) and Deutsche Bank (U.S.) (2 use cases). Société Générale's strongest evidence: Trading Assistant for derivatives requests for quotation: A market-specific NLP and machine-learning chatbot, designed in 2017 for equity requests for quotation, later extended….

141 banks profiled (120 US, 21 non-US) · 32 with matching evidence · ranked answer, not a comparison

Which of the large banks use AI for trading and markets?

Checked 2026-10-28 · bank profiles
#BankUse cases (in production)Strongest use caseStatusDateOn this siteSources
1Société Générale3Trading Assistant for derivatives requests for quotation: A market-specific NLP and machine-learning chatbot, designed in 2017 for equity requests for quotation, later extended…In production (3 of 3 in production)Feb 1, 2025Société Générale profile →Societe Generale ↗
2Citi3Market Guide (Investor Services): AI-powered search and intelligent summaries inside the Custody+ suite, covering more than 100 custody markets and 62…In production (2 of 3 in production)Sep 29, 2026Citi profile →Citigroup ↗ · Citigroup (Business Wire) ↗
3Standard Chartered3AI-driven Treasury liquidity management: Faster, clearer liquidity insights, cited as an example of deploying AI in a complex, regulated environmentIn production (2 of 3 in production)Jun 5, 2026Standard Chartered profile →Standard Chartered PLC ↗ · Standard Chartered PLC ↗
4State Street3AI research and market views: Investment-management research on AI's market and macro effectsIn production (2 of 3 in production)Feb 13, 2026State Street profile →CNBC ↗ · State Street ↗
5Deutsche Bank (U.S.)2Voice surveillance and an LLM for trade anomalies: Google Speech-to-Text voice surveillance with more than 90% transcription accuracy, about 10x wider lexicon and 65%…In production (2 of 2 in production)Oct 14, 2026Deutsche Bank (U.S.) profile →Deutsche Bank Corporate Bank ↗ · Deutsche Bank ↗
6Western Alliance2WA VenueX on-chain settlement: Always-on dollar liquidity for stablecoin issuers and digital-asset firmsIn production (2 of 2 in production)Jul 24, 2026Western Alliance profile →Business Wire via FT Markets ↗ · Western Alliance Bancorporation (SEC filings) ↗
7Northern Trust2NT Adaptive Equity (NLP and alternative data): Two UCITS funds apply natural-language processing and alternative data to stock selectionIn production (2 of 2 in production)Jun 3, 2026Northern Trust profile →Northern Trust Asset Management ↗ · Northern Trust Asset Management ↗
8TD2TD Securities AI Virtual Assistant: Equity research and market-data assistant on OpenAI enterprise GPT, built with Layer 6In production (2 of 2 in production)Oct 9, 2025TD profile →Bloomberg ↗ · American Banker ↗
9Barclays2BARXBot FX quotation chatbot: AI chatbot that helps colleagues initiate FX trades and delivers quotes 75% faster than the previous approach, per the…In production (1 of 2 in production)Oct 5, 2026Barclays profile →Yahoo Finance (Quartr) ↗ · Barclays ↗
10UBS (US)2Generative AI in investment-bank research: Generative AI across research workflowsIn production (1 of 2 in production)Jul 29, 2026UBS (US) profile →PR Newswire via FT Markets ↗ · UBS Group AG and UBS AG (Business Wire) ↗
11HSBC2Fine-tuned small language models for financial-news insights: HKMA sandbox project testing whether smaller, deployable language models can answer traders' queries, such as spotting…Pilot (0 of 2 in production)Oct 24, 2025HSBC profile →HSBC Holdings plc ↗ · The Hongkong and Shanghai Banking Corporation Limited ↗
12BBVA1Algorithmic pricing and the ePricer 'On The Fly Ideas': Models quote bonds, swaps and FX on request and hedge risk, validated by backtesting and A/B testsIn productionOct 9, 2026BBVA profile →BBVA ↗ · BBVA ↗
13Deutsche Bank1Voice and trade surveillance: Google Speech-to-Text voice surveillance with over 90% transcription accuracy, about 10x wider lexicon and 65% lower…In productionOct 5, 2026Deutsche Bank profile →Deutsche Bank ↗ · Bloomberg ↗
14OCBC1A.I. Oscar stock picker: Deep-learning tool launched in June 2024 at OCBC Securities that predicts stock price movements and generates…In productionOct 5, 2026OCBC profile →Oversea-Chinese Banking Corporation ↗ · Oversea-Chinese Banking Corporation ↗
15RBC1Aiden: electronic trading and AidenResearch: Aiden began as a deep reinforcement learning electronic trading platform and now includes AidenResearch, agents that…In productionOct 5, 2026RBC profile →NVIDIA ↗ · American Banker ↗
16Banco Santander1Automated Pricer in global markets: A sales tool for equity derivatives and repos that increases pricing automation, serving more client requests and…In productionJul 22, 2026Banco Santander profile →Banco Santander ↗ · Yahoo Finance ↗
17SoFi1Composer: AI builds strategies, fixed rules execute them: SoFi says Composer uses AI to help investors build rules-based strategies that then run automatically under predefined…In productionJun 23, 2026SoFi profile →PYMNTS ↗ · Business Wire via FT Markets ↗
18ING1In-house AI FX pricing model: A reinforcement-learning model took over currency pricing work in 2024, built in three months with six weeks of…In productionMay 26, 2026ING profile →Moby via Yahoo Finance ↗ · Business Times (Bloomberg) ↗
19Texas Capital1MAP mortgage-asset trading platform: Institutional-grade infrastructure for whole loans, pools and MSRs with warehouse connectivityIn productionMay 18, 2026Texas Capital profile →Texas Capital ↗
20Barclays US1Group gen-AI in markets and research: BARXBot for RFQsIn productionApr 14, 2026Barclays US profile →Business Wire via FT Markets ↗
21UMB1AI as an investment theme for clients: Investment-team commentary on AI's market and economic effectsIn productionMar 2, 2026UMB profile →UMB Financial ↗
22First Citizens1AI-sector research (innovation banking): SVB reports on AI funding, healthcare and 'zombiecorns'In productionJan 8, 2026First Citizens profile →First Citizens Bank ↗ · CNBC ↗
23BMO1Machine and reinforcement learning in credit and capital markets: Darryl White says BMO actively uses machine and reinforcement learning models in credit and capital marketsIn productionDec 4, 2025BMO profile →Investing.com ↗
24TD Bank Group1TD Securities AI Virtual Assistant: An OpenAI GPT assistant with retrieval over TD Securities research and market data and text-to-SQL, used by about…In productionOct 9, 2025TD Bank Group profile →VentureBeat ↗ · American Banker ↗
25BofA1Capital Markets Insights and the TED score: An AI-driven algorithm on market variables produces a score of the macro backdrop for investment-grade issuance on a…In productionSep 29, 2025BofA profile →Bank of America Newsroom ↗
26Raymond James1Predictive machine learning in Advisor Access: Data-driven client insights for advisorsIn productionMay 15, 2025Raymond James profile →Raymond James ↗
27Morgan Stanley1AskResearchGPT: Research assistant for investment banking, sales and tradingIn productionOct 1, 2024Morgan Stanley profile →Morgan Stanley ↗
28East West1Online FX trading with straight-through processing: Customers in some segments can trade FX online across currencies without a phone callRolling outSep 14, 2026East West profile →Investing.com ↗ · Investing.com ↗
29Goldman1Marquee AI for institutional clients: Natural-language assistant on the Marquee platform that breaks a question into research topics and attributes…PilotAug 24, 2026Goldman profile →Goldman Sachs ↗
30JPMorgan1AI investing agents (research): Research built multi-agent systems that beat a 60/40 portfolio in two-decade backtests — a research result, not a…PilotJul 9, 2026JPMorgan profile →Bloomberg ↗
31City National1Agentic retrieval over financial filings (Borealis research): Award-winning research on finding and interpreting information in complex filingsPilotMay 27, 2026City National profile →RBC ↗
32Commerce1AI-enabled wealth and trust tools: 'Actively exploring' for sophisticated trust, estate and investment needsPilotFeb 24, 2026Commerce profile →Commerce Bancshares ↗

Each row quotes one record from bank profiles; the “On this site” link opens the bank's own page or sub-page with every source. Banks absent from the table have nothing matching on the record this site holds.

How is this ranked?

Data: the 141 bank profiles on this site (lib/banks), every entry dated and sourced: the "Where AI runs" use cases, each with a status (in production, rolling out, pilot, announced).

Rule: Use cases tagged trading-markets. Score = matching use cases. Order: matching use cases, then those in production, then the strongest stage, then the newest source.

Counts: 32 of 141 profiled banks qualify; 50 distinct sources cited in the table. Data checked 2026-10-28; ranking template updated 2026-10-30.

What are the caveats?

Banks absent from the table have nothing matching on the record this site holds, which is not evidence that they do nothing. Each row links the bank's own page, where every entry carries its sources.

Which bank ranks first?

Société Générale leads with 3 use cases: Trading Assistant for derivatives requests for quotation: A market-specific NLP and machine-learning chatbot, designed in 2017 for equity requests for quotation, later extended…. Citi is second with 3.

How many large banks describe AI use cases for trading and markets?

32 of the 141 profiled banks (120 US, 21 non-US groups). Among those listed, 21 are US banks and 11 non-US groups.

What counts, and what does not?

Use cases tagged trading-markets. Score = matching use cases. Order: matching use cases, then those in production, then the strongest stage, then the newest source. Source: the 141 bank profiles on this site (lib/banks), every entry dated and sourced: the "Where AI runs" use cases, each with a status (in production, rolling out, pilot, announced).

Is this a measure of capability?

No. Every row is a sourced fact on the public record: what the bank, a regulator, a filing or an independent outlet has put on the record. The page does not rate how well anything works.

When was this checked, and how often does it update?

The data behind the table was last checked on 2026-10-28 (bank profiles). The page recomputes whenever that dataset changes and is republished with the site; it is never edited by hand.

When any of these banks moves on AI, you'll read it the next morning.

when one of the banks we cover moves on AI, it is in the next morning's brief · six sourced stories · 7 am PT · free

plus every regulation, bank and agent page update, the morning after · leave any morning