by Ken Chase | Feb 26, 2023 | Banks, News
Several major banks have reportedly decided to restrict the use of OpenAI’s ChatGPT chatbot by their employees, according to a report this week from Bloomberg. The banks are apparently concerned about an array of issues related to the technology, including concerns...
by Ken Chase | Jan 26, 2023 | Banks, Financial
Several of the largest banks in the United States are under increasing pressure to eliminate financing for so-called “fossil fuel” projects, according to a new report from Bloomberg. A recent statement from the Interfaith Center on Corporate Responsibility demands...
by Ken Chase | Jan 8, 2023 | Banks, News
6 Biggest U.S. Banks Enjoy First $1 Trillion Decade By: Ken Chase It seems like only yesterday that the U.S. banking industry was reeling from the aftermath of a financial crisis that saw them receive billions of dollars in bailout funds to prevent an industry-wide...
by Ken Chase | Jan 2, 2023 | Banks, News
Goldman Sachs Signals Mass Job Cuts in Coming Weeks By: Ken Chase Earlier this month, Goldman Sachs CEO David Solomon told Bloomberg that he saw “bumpy times ahead” that would lead to cuts in the bank’s workforce. In this week’s annual year-end memo to the bank’s...
by visbanking | Nov 28, 2022 | Banks, News
By: Ken Chase. The U.S. Securities and Exchange Commission recently confirmed that it had settled charges against Goldman Sachs Asset Management. GSAM had been charged by the regulator for issues related to its failure to follow the company’s own environmental,...
