Four ways to fix the bank problem – The Financial Times
Banks are designed to fail. And so they do. Governments want them to be both safe places for the public to keep their money and...
Author : Nelli Avetisyan
Google begins rolling out its ChatGPT rival
Google is opening up access to Bard, its new AI chatbot tool that directly competes with ChatGPT. Starting Tuesday, users can join a waitlist to...
Thousands of UK jobs at risk after UBS takeover of Credit Suisse – The Guardian
The fate of thousands of jobs in London’s financial district is in doubt after the emergency merger of Swiss banks UBS and Credit Suisse. As...
We need to create guardrails for AI
What if the only thing you could truly trust was something or someone close enough to physically touch? That may be the world into which...
Case for Fed Pause Builds After Crisis-Echoing Move on Swaps – Bloomberg
The case for the Federal Reserve to forgo an interest-rate hike strengthened in the eyes of some central bank watchers following a coordinated global move...
Smaller Banks’ Critical Role in Economy Means Distress Raises Recession Risks – WSJ
Main Street businesses and American families are likely to find it harder to get a loan because of turmoil in the banking industry, denting economic...
Why People Are Worried About Banks – The New York Times
Banks are teetering as customers yank their deposits. Markets are seesawing as investors scurry towards safety. Regulators are scrambling after years of complacency. Fifteen years...
Global banking crisis: What just happened? – CNN
On March 10, the biggest failure of a US bank since the global financial crisis was playing out in real time as a major lender...
ChatGPT can ace logic tests now. But don’t ask it to be creative – The Washington Post
When the new version of the artificial intelligence tool ChatGPT arrived this week , I watched it do something impressive: solve logic puzzles. One after...
Slash interest rates and stop bond sales, ex-policymaker tells Bank of England – The Guardian
The Bank of England should slash interest rates and stop selling government bonds in the wake of the turmoil in the banking sector, a former...