Goldman Sachs is using ChatGPT-style A.I. in house to assist developers with writing code
Goldman Sachs is experimenting with generative AI tools internally to help its developers automatically generate and test code, the company’s…
‘Blanket insurance’ of bank deposits is not being discussed, Yellen tells senators
WASHINGTON — Federal bank regulators are not considering any plans to insure all U.S. bank deposits without congressional approval, Treasury…
JPMorgan Chase buys data platform for startups in push to serve venture capital investors
JPMorgan Chase is acquiring a data analytics provider for startup investors called Aumni, CNBC is first to report. The biggest…
Op-ed: ESG investing and 2018 change in bank laws didn’t cause Silicon Valley Bank to collapse, says former Sen. Heitkamp
Heidi Heitkamp is a former Democratic senator from North Dakota, and currently serves as director of the University of Chicago’s…
JPMorgan Chase can be sued by Virgin Islands over Jeffrey Epstein sex-trafficking claims
A New York federal judge on Monday ruled that the U.S. Virgin Islands and women who accuse the late investor…
U.S. lawmakers to examine merits of higher FDIC bank deposit insurance cap
Four prominent U.S. lawmakers on banking matters said on Sunday they would consider whether a higher federal insurance limit on…
Biden calls on Congress to tighten laws to claw back executive pay, levy penalties in bank failures
President Joe Biden called on Congress to give regulators more authority to claw back pay and penalize executives at distressed…
JPMorgan CEO Jamie Dimon ‘knew in 2008’ that Epstein was a sex trafficker, lawyer argues
An attorney for the U.S. Virgin Islands argued in federal court that JPMorgan Chase CEO Jamie Dimon and ex-top bank…
Silicon Valley Bank ex-CEO backed Big Tech lobbying groups that targeted Dodd-Frank, sought corporate tax cuts
Before Silicon Valley Bank’s failure, its former CEO Greg Becker backed two tech industry lobbying groups that tried to influence…
European Central Bank hikes rates despite market mayhem, pledges support if needed
The European Central Bank on Thursday announced a further rate hike of 50 basis points, signaling it is ready to…
