Major Banks Restricting Use of ChatGPT

Major Banks Restricting Use of ChatGPT

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...
6 Biggest U.S. Banks Enjoy First $1 Trillion Decade

6 Biggest U.S. Banks Enjoy First $1 Trillion Decade

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...
Goldman Sachs Signals Mass Job Cuts in Coming Weeks

Goldman Sachs Signals Mass Job Cuts in Coming Weeks

Estimated reading time: 2 minutes By: Ken Chase Earlier this month, Goldman Sachs CEO David Solomon told Bloomberg that he saw “bumpy times ahead” that would lead to cuts in the bank’s workforce. In this week’s annual year-end memo to the bank’s staff, Solomon went...