US banks
4 stories related to this topic, newest first.
Goldman Sachs Enhances Cyber and Infrastructure Resilience Following Regulator Warnings on AI Model
Goldman Sachs is supplementing its cyber and infrastructure resilience in response to warnings from regulators to the largest US banks. The warnings concern the latest artificial intelligence model developed by Anthropic. This action aims to address potential risks associated wit…
businesstoday.inFederal Reserve Requests Data on US Banks' Exposure to Private Credit
The Federal Reserve is seeking information from major US banks on their exposure to private credit firms amid rising redemptions and troubled loans. The Treasury Department is conducting a similar inquiry with the insurance industry. This follows a surge in activity within the pr…
businesstoday.inFederal Reserve Requests Data on Major US Banks' Private Credit Exposure
The Federal Reserve has requested information from major US banks regarding their exposure to private credit. This inquiry follows increased redemptions from private credit funds and a rise in troubled loans within the sector. The request aims to assess potential risks in the ind…
Six Largest US Banks Expected to Reduce Bond Issuance in Current Quarter After Record Start
The six largest US banks are projected to issue fewer bonds this quarter following the busiest start to a year on record. This slowdown comes after significant activity in prior months. The development reflects changing market conditions for bank funding.