Nairametrics1d
NDIC urges Nigerian financial institutions to deploy AI for fraud detection
The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, has ...
JD Supra10d
Financial Stability Board Report on Financial Stability Implications of Artificial Intelligence
The Financial Stability Board has published a report outlining recent developments in the adoption of AI in finance and their potential implications for financial stability. The report notes that AI ...
The Daily Hodl4d
JPMorgan Chase Declared World’s Most ‘Too Big To Fail’ Bank As Bank of America’s Global Systemic Importance Drops: Report
An agency tasked with identifying and regulating global systemically important banks (G-SIBs) says JPMorgan Chase stands ...
Bank Of America Down A Notch On 'Too Big To Fail' List
The body that monitors the global financial system on Tuesday moved US lender Bank of America down a notch and French counterpart Credit Agricole up one on its "too big to fail" list of banks.
Bank runs are still a risk to the financial system, global agency warns
Silicon Valley Bank experienced a run on deposits last year, after rising interest rates led to paper losses on its bond ...
Bank of America moves down FSB's 'too big to fail' list, Crédit Agricole advances
The Financial Stability Board moves Bank of America to a lower category on its "too big to fail" list of banks. Read more.
Credit Agricole moves up FSB list of global systemically important banks
French lender Credit Agricole has moved up the list of global systemically important banks published by the Financial ...
Central Banking4d
FSB praises Brazil’s efforts to supervise investment funds
In its peer review of the country published today (November 28), the FSB notes that Brazil’s investment funds sector has ...
Non-Banks Are Underprepared for Times of Crisis, BOE Warns
Non-banks are often not able to predict how their counterparties, investors and markets will behave in times of stress, the ...