Scaling Generative AI in Banking: Challenges and Opportunities

The banking sector is recognizing the potential of generative artificial intelligence (Gen-AI), according to a study by McKinsey. Executives in the industry believe that Gen-AI will fundamentally change the way they do business. However, scaling these projects presents new challenges. Banks need to determine how and where to effectively use AI and ensure that the […]

Scaling Generative AI in Banking: Challenges and Opportunities

The banking sector is recognizing the potential of generative artificial intelligence (Gen-AI), according to a study by McKinsey. Executives in the industry believe that Gen-AI will fundamentally change the way they do business. However, scaling these projects presents new challenges. Banks need to determine how and where to effectively use AI and ensure that the […]

Swiss Economy Faces Challenges with Sluggish Growth and Strong Franc, Warns Raiffeisen Chief Economist

Raiffeisen Bank’s chief economist, Fredy Hasenmaile, has issued a warning about the challenging situation facing the Swiss economy. He predicts that the country’s economic growth will be sluggish in the coming year, citing the persistent strength of the Swiss franc as the main factor. This is particularly impacting the traditional manufacturing industry and exacerbating the […]

Swiss Economy Faces Challenges with Sluggish Growth and Strong Franc, Warns Raiffeisen Chief Economist

Raiffeisen Bank’s chief economist, Fredy Hasenmaile, has issued a warning about the challenging situation facing the Swiss economy. He predicts that the country’s economic growth will be sluggish in the coming year, citing the persistent strength of the Swiss franc as the main factor. This is particularly impacting the traditional manufacturing industry and exacerbating the […]

Surprising Forecasts for 2024: Saudi Arabia Secures Champions League Rights, US Capitalism Faces an Uncertain Future, and Robert F. Kennedy Jr. Emerges as Presidential Victor

The Danish bank, Saxo Bank, has once again released its “outrageous predictions” for the upcoming year. These predictions, which are not endorsed by the bank, focus on unlikely events that would have a significant impact on the financial markets.According to Saxo Bank’s analysts, Saudi Arabia will acquire the rights to the Champions League, the price […]

Surprising Forecasts for 2024: Saudi Arabia Secures Champions League Rights, US Capitalism Faces an Uncertain Future, and Robert F. Kennedy Jr. Emerges as Presidential Victor

The Danish bank, Saxo Bank, has once again released its “outrageous predictions” for the upcoming year. These predictions, which are not endorsed by the bank, focus on unlikely events that would have a significant impact on the financial markets.According to Saxo Bank’s analysts, Saudi Arabia will acquire the rights to the Champions League, the price […]

Swiss Bank Facilitates Smooth Transition for Pension Fund Transfers

Swiss pension funds are exploring the possibility of changing their service providers following the merger of UBS and Credit Suisse. This move is driven by the desire to diversify investments and reduce concentration risks in the financial market. While some funds are already considering new tenders for specific services, experts predict that significant market shifts […]

Swiss Bank Facilitates Smooth Transition for Pension Fund Transfers

Swiss pension funds are exploring the possibility of changing their service providers following the merger of UBS and Credit Suisse. This move is driven by the desire to diversify investments and reduce concentration risks in the financial market. While some funds are already considering new tenders for specific services, experts predict that significant market shifts […]

SEC Argues Court, Not Jury, Should Determine Security Status of Terra’s Crypto Assets

The U.S. Securities and Exchange Commission (SEC) has submitted a letter to Judge Jed Rakoff in the ongoing case against Terraform Labs, arguing that the crypto assets in question should be classified as securities. The SEC proposes that the court, rather than a jury, determine whether the tokens are securities. The SEC cites the Howey […]

SEC Argues Court, Not Jury, Should Determine Security Status of Terra’s Crypto Assets

The U.S. Securities and Exchange Commission (SEC) has submitted a letter to Judge Jed Rakoff in the ongoing case against Terraform Labs, arguing that the crypto assets in question should be classified as securities. The SEC proposes that the court, rather than a jury, determine whether the tokens are securities. The SEC cites the Howey […]