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Goldman Sachs’ consumer digital banking unit Marcus expects a $1.2B loss this year!
Goldman Sachs’ consumer digital banking unit Marcus is reportedly set to see huge losses this year: the firm is bracing for a 35% drop in earnings! […]
Month: June 2022
Financial News
Bank regulators are increasingly scrutinizing the risk of Third Party AI
Over the last couple of years, the AI hype has become a topic of conversation in board meetings throughout the industry. But unfortunately, regulators are signaling a crackdown and tighter rules on using AI and […]
Financial News
UK’s Halifax bank tells customers who don’t ‘respect’ employees’ pronouns to close their accounts
It seems political correctness has once again overruled common sense and making money, as a growing number of banks are now telling customers who disagree with their latest set of values – which seem to change daily – to go find another company to bank with. […]