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Goldman Sachs developing dozen generative AI projects -exec

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Goldman Sachs developing dozen generative AI projects -exec

[1/4]George Lee, co-head of the office of applied innovation for Goldman Sachs, speaks during the ReutersNEXT Newsmaker event in New York City, New York, U.S., November 9, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights NEW YORK, Nov 9 (Reuters) – Goldman Sachs (GS.N) is working on a dozen projects which will incorporate generative artificial intelligence into … Read more

Santander’s Botin plans push in US corporate banking for renewables, auto lending

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Santander’s Botin plans push in US corporate banking for renewables, auto lending

Ana Patricia Botin, chairwoman of the Spanish bank Santander, speaks during the annual results presentation at the company’s headquarters in Boadilla del Monte, outside Madrid, Spain, February 2, 2023. REUTERS/Violeta Santos Moura Acquire Licensing Rights NEW YORK, Nov 9 (Reuters) – Banco Santander Executive Chair Ana Botin plans to deepen the lender’s corporate banking presence … Read more

EU AI Act to serve as blueprint for global rules, Benifei says

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EU AI Act to serve as blueprint for global rules, Benifei says

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Nov 8 (Reuters) – European Union lawmaker Brando Benifei, one of the architects of the bloc’s artificial intelligence rules, said on Wednesday that he expects the EU AI Act will serve as a … Read more

BofA CEO Moynihan says US economy headed for soft landing

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BofA CEO Moynihan says US economy headed for soft landing

NEW YORK, Nov 8 (Reuters) – Bank of America (BAC.N) CEO Brian Moynihan said on Wednesday he expects a soft landing in which the U.S. economy avoids a recession even as consumer spending and commercial borrowing slow. “Our research team is the best in the business and they have moved to the soft landing category. … Read more

DBS chief says wealth management business benefiting from inflows

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DBS chief says wealth management business benefiting from inflows

[1/2]DBS CEO Piyush Gupta speaks during a Reuters Newsmaker event in Singapore September 14, 2023. REUTERS/Mindy Tan Acquire Licensing Rights HONG KONG, Sept 14 (Reuters) – DBS Group’s (DBSM.SI) wealth management business has benefited from inflows from across Asia, the Middle East and European regions recently, Chief Executive Piyush Gupta said on Thursday. Gupta, speaking … Read more