WALL Street banks are expected to report higher profits for the second quarter as rising interest payments offset a downturn in dealmaking.
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US regulators reconsider capital hike for big banks
THE Federal Reserve and two other US regulators are moving towards a new plan that would significantly reduce a nearly 20 per cent mandated...
Deutsche Bank’s risk transfer enables more green mortgages
DEUTSCHE Bank has entered a capital-relief deal with the European Investment Bank (EIB) that allows the German lender to grant discounts on more than...
Commentary: ChatGPT is now better than ever at faking human emotion and behaviour
OpenAI’s new version of ChatGPT, GPT-4o, raises ethical questions of creating AI that can simulate human emotions and behaviours, says this University of Sydney...
