Goldman Sachs bans non-engineers from using advanced AI tools

Goldman Sachs has banned traders, bankers, and other staff from using advanced AI coding tools because of risk and productivity concerns. The bank is limiting access to tools like Anthropic’s Claude Code and Microsoft’s GitHub to engineers and so-called “strats,” an investment banking term for workers who specialize in quantitative engineering and analytics, Bloomberg reported this week. The move reportedly frustrated traders who used the tools to monitor data, build financial models, and...