Samsung SDS to lead Woori Bank AI agent rollout
Woori Bank AI project plan calls for rolling out about 90 agents by December before expanding furthe[……] Read More
JPMorgan Chase Bank closes 16 branches
People are visiting their bank branches less often. Banks are taking note. The last time I set foot i[……] Read…
Bank of America resets Apple stock forecast
Apple (AAPL) stock has lost about 4.6% year to date, at the time of writing, Monday afternoon, April[……] Read More
More bank branch closures imminent as industry consolidates
If you prefer to bank in person, your days of speaking to a banker face-to-face might be numbered. Am[……] Read…
Bank of America warns families are wrong about irrevocable trusts
An estate attorney probably told you that an irrevocable trust could never be altered once the ink d[……] Read More
Shadow bank Blue Owl caps private credit redemptions after investors try to pull $5.4 billion
Blue Owl Capital moved to limit withdrawals from two of its biggest private-credit funds after inves[……] Read More
Standard Bank powers smart, diversified investing
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Deutsche Bank asked AI if it will solve the economy’s inflation problems. The robots answered
For the better part of two years, a powerful consensus has taken hold: Artificial intelligence is th[……] Read More
Brics-led Development Bank touts yuan funding for global South
China’s onshore bond market, backed by ample liquidity and a stable cur[……] Read More
Pepkor eyes 2027 for the rollout of a new South African bank
Pepkor Holdings hired Merwe Scholtz to lead a new banking push as Afric[……] Read More
FTC data reveal $12.5 billion in fraud, and your bank account is the target
Your bank account has never been more vulnerable than it is right now, according to alarming new dat[……] Read More
Bank of America will pay $72.5M to settle lawsuit by Epstein victims
Bank of America has agreed to pay $72.5 million to settle a class-action lawsuit filed on behalf of[……] Read More