Given that AI systems can’t always be totally accurate, observing when they make mistakes could mitigate a lot of harm.
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A growing footprint in AI increases risk — especially when it comes to lending and risk analysis.
JPMorgan Chase may want to put blockchain to work.
CEO Larry Fink attributed the healthy performance to growth in private markets, retail active fixed income, and the company’s ETF business.
JPMorgan’s new push for the upper crust is bringing in billions of dollars and putting it toe-to-toe with Goldman Sachs.
Wall Street’s biggest banks are increasingly working with mid-sized companies — much to the chagrin of mid-sized and boutique banks.
Despite some business “falling off a cliff” the CEO said other operations “should hopefully grow over time.”
At least one PE firm has reportedly spoken with Peloton as it considers going private, but no deal is certain.
JPMorgan Chase is tackling human biases with two recent patents.
JPMorgan’s CEO sees a lot of potential in the US economy — and plenty of obstacles to overcome.
The Americans have warned that further inroads to France’s capital may not happen without some dismissal-pay flexibility.
Chase Bank announced a new advertising unit that will use customer transaction data to target them with ads.
JPMorgan Chase wants to predict overly-aggressive investors with AI.
The FDIC is investigating Blackrock, Vanguard, and State Street over their large investment stakes in major US banks.
“The risk of not making the most of the technology is much higher.”
The unit’s chief says the big bank is keeping his company from expanding into key markets.