by Ken Chase | Feb 26, 2023 | Banks, News
Estimated reading time: 2 minutes Several major banks have reportedly decided to restrict the use of OpenAI’s ChatGPT chatbot by their employees, according to a report this week from Bloomberg. The banks are apparently concerned about an array of issues related to the...
by Ken Chase | Jan 26, 2023 | Banks, Financial
Several of the largest banks in the United States are under increasing pressure to eliminate financing for so-called “fossil fuel” projects, according to a new report from Bloomberg. A recent statement from the Interfaith Center on Corporate Responsibility demands...
by Ken Chase | Jan 8, 2023 | Banks, News
Estimated reading time: 2 minutes By: Ken Chase The state of Kentucky officially put eleven financial firms on notice this week, vowing to act if those banks engage in boycotts of fossil fuel energy companies. According to Kentucky State Treasurer Allison Ball, the...
by Ken Chase | Jan 8, 2023 | Banks, News
Estimated reading time: 2 minutes By: Ken Chase It seems like only yesterday that the U.S. banking industry was reeling from the aftermath of a financial crisis that saw them receive billions of dollars in bailout funds to prevent an industry-wide collapse. Now, more...
by visbanking | Nov 15, 2022 | Banks, News
By: Ken Chase. Estimated reading time: 2 minutes Bloomberg reported this week that a decline in investment deals has forced banking giant Citigroup to eliminate dozens of trading personnel in its investment banking division. The move comes in the wake of reports that...
