- Country: United States
Beware the AI sycophant and 'cognitive surrender'
Research shows artificial-intelligence programs bolster bad decisions and reduce diversity of thought, posing risks to banks' culture and governance.
American Banker
40 stories archived from this source
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- Country: United States
3 ways RIAs can respond to Fidelity's new $100M minimum
RIAs that custody less than $100 million with Fidelity have several options to choose from before being forced out of the firm next year. None of them is necessarily easy.
- Country: United States
FDIC's Hill defends supervision and merger reforms
Federal Deposit Insurance Corp. Chair Travis Hill said Tuesday that regulatory changes to bank supervision and M&A rules are meant to improve safety and soundness rather than water down oversight.
- Country: United States
AI-linked hacks hit Korean banks through loan-agent sites
Attackers suspected of using AI got into Korean banks through side doors. The apparent failures were ordinary cyber hygiene, the kind U.S. regulators keep naming.
- Country: United States
With $74M in growth capital, can RQD boost its RIA custody business?
While it isn't a household name in most U.S. wealth management circles, RQD* Clearing just drew a substantial growth investment on the basis of its international clearing business. Can that translate to more stateside RIA relationships?
- Country: United States
Majority of community banks express concern over stablecoins
A survey of community bankers found broad concern that the emergence of stablecoins will result in deposit outflows and reduced lending capacity.
- Country: United States
How Meta's Muse aids Intuit's push into small business banking
Embedding the social network's agentic AI tool into Quickbooks provides fast access to financial services and payments for entrepreneurs.
- Country: United States
Fed's Bowman unveils major overhaul of its bank supervision
The Federal Reserve is restructuring bank supervision into five regions, following state lines, and putting one regional leader in charge. It's also planning to revise regulatory thresholds so that banks will need to be bigger before tougher standards kick in.
- Country: United States
3 prenup myths advisors can help clients move past
A prenup can start a couple's money conversation, protect an inheritance and even shape what happens if a surviving spouse remarries.
- Country: United States
JPMorganChase still tops AI ranking as big-bank lead widens
Evident AI scores banks' AI talent, innovation, leadership and transparency. JPMorgan , Capital One and RBC took the top slots.
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