OpenAI wrote to the New York City Council last week recommending that the city put safeguards in place to prevent against the risks of advanced AI, City Council speaker Julie Menin said during a press briefing on Monday. In the letter, shared with The Information, OpenAI head of U.S. & ...
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than "Bloomberg Surveillance." (Source: Bloomberg)
NEW YORK, Oct. 5, 2026 /PRNewswire/ -- Sigma7, the global risk information and services company, today announced the appointment of Todd Lawrence as Chief Executive Officer. Lawrence's appointment signals a new phase of accelerated growth and expanded market impact, centered on Sigma7's...
The cost of insuring French banks’ bonds against default has jumped above that of other European lenders as concerns about France’s fiscal and political situation spill over into credit markets.
New OMNI agents translate each policyholder's risk signals into prioritized, plain-language actions, with clear evidence supporting every recommendation. Risk Advisors synthesize Cowbell Factors™, including dedicated AI observability, autonomy, and governance Factors, together with...
Bankers are pushing back against the Saudi regulator’s proposed overhaul of listing rules, including plans that would force underwriters to buy any unsold shares, and warned that the moves could further dampen the market for initial public offerings.
AMRO warns Asia's AI dependence could reverse, pressuring copper and lithium prices and exposing Chile, Peru and Argentina to a sharp slowdown. The post Chile’s Copper Bet Faces an AI Reversal Risk in 2026 appeared first on The Rio Times .
Air Baltic Corp AS expects its restructuring plan to affect between 500 and 700 jobs across the carrier’s three biggest bases as the Latvian airline streamlines the business while undergoing Chapter 11 bankruptcy protection.
Plus: Community banks swing back at Trump regulators over crypto charters, and a near-catastrophe on flight 1073 exposes gaping hole in Dubai’s aviation security.
When algorithmic traders design risk models, they rigorously calculate Kelly fractions, Value at Risk (VaR), and dynamic ATR trailing stops. Yet, one catastrophic risk is almost universally ignored in retail algorithm architecture: counterparty custody failure . If your broker becomes insolvent…
