The findings from Patronus AI highlight some of the challenges of using AI models within big companies in regulated industries like finance.
Category: Finance News
Swiss regulator calls for more powers after Credit Suisse collapse
Switzerland’s financial regulator on Tuesday called for greater legal powers and vowed to adapts its approach in the wake of the Credit Suisse collapse.
Travelers want deals — here’s where to find them, says HotelPlanner CEO
There are travel deals to be had, Tim Hentschel, Hotelplanner’s CEO told Squawk Box Asia Monday. But travelers need to to know where to look.
Mark Cuban broke his ‘powerful’ negotiation rule—and offered a couple $750,000 in 5 minutes on ‘Shark Tank’
Mark Cuban broke one of his biggest negotiation rules on ABC’s “Shark Tank,” when he was first to give the founders of Rebel Cheese an investment offer.
Stocks making the biggest moves midday: Netflix, SunPower, Adobe and more
These are the stocks posting the largest moves in midday trading.
Generative AI has landed on Wall Street. Here’s how it can help propel ‘massive’ revenue growth
Wealth management firms could see billions of dollars in added value thanks to AI, McKinsey & Company found.
Powerball jackpot hits $543 million. What’s the best payout option? Experts weigh lump sum vs. annuity
The Powerball jackpot has jumped to $543 million. Here’s how to decide between the lump sum or annuity payout option.
Fed’s Goolsbee says he was ‘confused’ by last week’s market reaction
The President of the Federal Reserve Bank of Chicago said the market may have read too much into last week’s central bank update.
Stocks making the biggest moves premarket: U.S. Steel, Affirm, Illumina and more
These are the stocks posting the largest moves in premarket trading.
SoftBank-backed metaverse firm Improbable sells a key gaming venture for $97 million
Improbable has sold The Multiplayer Group, a multiplayer games services company it bought in 2019, to Keywords Studios for £76.5 million ($97.1 million).