Plans for a code on how AI models can use copyrighted materials have stalled in the UK, and US forces carried out strikes against Iran-backed militants over the weekend. Plus, the FT’s Owen Walker explains why the tides are turning against European banks. Mentioned in this podcast:Turkey central bank governor quits and points to campaign against herBNP Paribas shares fall after downgrade to profit targetDeutsche Bank pledges to boost dividend and cut jobsSantander earnings boosted by strong performance in EuropeJulius Baer’s profits tumble 52% as Signa hit triggers CEO exitTurkey’s central bank rocked by another leadership shake-upUS and UK hit Houthis in fresh air strikes against Iran-backed militiasUK shelves proposed AI copyright code in blow to creative industriesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Saffeya Ahmed, Zach St. Louis, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.