Digital employees, AI bootcamps: America's oldest bank is spending billions on tech
The race to integrate artificial intelligence is on among the banks. BNY now has 134 "digital employees," who work alongside humans.
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The race to integrate artificial intelligence is on among the banks. BNY now has 134 "digital employees," who work alongside humans.
NatWest's shares slid Monday after the company announced a £2.7 billion ($3.7 billion) deal to acquire one of the U.K.'s largest wealth managers.
The move follows the European Commission announcing an investigation in December into whether the social media giant had breached antitrust rules.
The update comes shortly after U.S. President Donald Trump threatened tariffs on any country that supplies Cuba with oil.
Even dovish policymakers signal they want another tightening soon
U.S. Treasury yields were up to begin the week as investors looked ahead to a flurry of economic data, including the delayed January jobs report.
Novo Nordisk shares jumped 8% Monday after Hims & Hers said it will pull its copycat weight-loss pill off the market.
Japan's Sanae Takaichi and her ruling Liberal Democratic Party overwhelmingly found the support of voters in a Sunday election, sweeping a supermajority.
Takaichi led the ruling Liberal Democratic Party to a supermajority in the Lower House, securing 316 seats in Japan's largest election win since World War Two.
Also in this newsletter: Antitrust chief urged to watch Netflix-Warner Bros deal
Also in today’s newsletter: US visa denials and EU common deposit insurance
Artificial intelligence is adding a new layer of uncertainty to the private credit industry, raising concerns that some lenders may face rising defaults.