financial sector
3 stories related to this topic, newest first.
Anthropic Restricts Access to AI Models for Users in China
Wall Street employees based in Chinese territory have been unable to access AI models developed by Anthropic for several weeks. The restriction emerged prior to April 29, 2026, affecting financial professionals in the region. Details on the reasons or specific models impacted rem…
Hong Kong Life Insurance Sales Reach Record HK$330.9 Billion in 2025
Life insurance sales in Hong Kong increased 50.6 percent to HK$330.9 billion in 2025, setting a new record. The growth was driven by affluent customers purchasing policies for wealth transfer, protection, and medical needs. Data from the Insurance Authority showed this followed a…
Ned Davis Research Economist Discusses Bank Earnings and Private Markets on CNBC
Ed Clissold, chief economist at Ned Davis Research, appeared on CNBC's 'Closing Bell' to share his views on the financial sector amid current interest rates. He stated that bank earnings are expected to perform adequately but highlighted potential undisclosed issues in private ma…