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Regulation
Finextra: European Parliament paper pours cold water on digital euro
Looks like a long way to go yet.
Financial Times: Local stress: The US regional banks under pressure
A very good analysis of who may be next.
Financial Times: The difference between First Republic and other recent bank failures
A good analysis of the differences.
Forbes: FDIC Suggests Scrapping $250,000 Bank Account Insurance Limit—But Just For Businesses
A definite step in the right direction – I hope they do this in the UK as well!
Finextra: JPMorgan uses ChatGPT to analyse Fed speeches – Bloomberg.
ChatGPT use cases start to appear in banks.
Finextra: Generative AI governance targeted in proposed EU rules
Generative AI now included – no surprises there!
Bloomberg UK: San Francisco Fed’s Role in SVB Collapse Draws US House Investigation
I am looking forward to seeing the results of this!