Browsing: banks

(Bloomberg) — Banks are planning to sell as much as about $21 billion of high-grade bonds as soon as early next year as part of a $63 billion funding package that Broadcom Inc. has pulled together to help finance chips for AI developer Anthropic PBC.

Bankers have barely begun to repay the billions they cost the country after 2008. In this PM they may have met their match

Institutions that chain pens to desks don’t like to live on the wild side. That’s why banks are gaming out anodd scenario: What if people let AI agents bank for them, expecting them to do the right things on their behalf, and they…don’t?

For years, banks have competed for customers by offering attractive interest rates, cash back rewards, and convenient digital experiences. But as consumers gain access to an expanding range of financial services providers, attracting new customers is only part of the challenge. Increasingly, banks must find ways to encourage lasting engagement, build loyalty, and help customers…

It’s not been a good start to the week for right-wing politicians, with Brazilian ‌President Luiz Inacio Lula da Silva winning a fourth term and Serbia’s Aleksandar Vucic ‌losing to a student-led protest movement.

A New Jersey man was arrested after he tried to rob three separate Boston banks on Saturday.

A man was arrested on Saturday after allegedly trying to rob three banks in Boston, Massachusetts, within an hour.

Corporate security strategies are shifting as cyberattacks powered by artificial intelligence spread. Companies are moving beyond reliance on existing security systems and competing to recruit “white-hat hackers” who probe systems for weaknesses the way real attackers would. Hiring is picking up across the financial and IT sectors, pushing up pay for specialists.

After the banking sector hacking crisis, commercial banks are increasing next year’s information security budgets while conducting emergency checks and service shutdowns to address PHP vulnerabilities.

Bangladesh is entering a pivotal new phase in its digital-finance journey. On September 24, Bangladesh Bank issued Letters of Intent (LoIs) to five proposed digital banks-bKash Digital Bank, Boost Digital Bank, DK Digital Bank, Nova Digital Bank and Kori Digital Bank-moving them into the next stage of the licensing process, subject to fulfillment of regulatory…