Boe Criticises Uk Banks Risk Management Systems
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Why LLMs are predicting the future of compliance and risk management
Companies leading the race to integrate LLMs into compliance and risk management are using smaller, more accurate models to revamp long-held processes that defied re-engineering with robotic process automation (RPA) efforts in the past.VentureBeat - Tech -
UK inflation could stay near 2% target for three years, says BoE rate-setter
Dave Ramsden’s comments suggest he does not need much more evidence of price growth falling before backing rate cutsFinancial Times - Business - United Kingdom -
French PM accused of recycling far-right ideas in youth violence crackdown
Gabriel Attal says state needs ‘real surge of authority’ in speech in Viry-Châtillon, where 15-year-old killed. The French prime minister, Gabriel Attal, is facing criticism for his proposed crackdown on teenage violence in and around schools, ...The Guardian - World -
The next bank bailout’s true costs may not be such a mystery
Future debates about whether to assist distressed corporations, including New York Community Bank, could be better informed by more educated guesses about costs.The Hill - Politics -
Schneider Electric in Talks to Take Control of Bentley Systems
A deal would merge Schneider’s software business with publicly traded Bentley.The Wall Street Journal - Tech -
Schneider Electric Confirms Talks With Bentley Systems
The confirmation from Schneider came after The Wall Street Journal reported the French company was in talks to take control of Bentley in a deal that could be worth more than $15 billion.The Wall Street Journal - World -
Julian Nagelsmann extends Germany contract: Where can Bayern Munich turn after missing another manager target?
The former Bavarian boss opts to extend his deal with Germany national team and Euro 2024 hostsCBS Sports - Sports -
2024 NFL Draft: Former general manager's interior DL tiers, pro comps and draft locations for eclectic class
This year's draft offers a variety of styles when it comes to its interior defensive linemenCBS Sports - Sports - NFL -
Cowboys' Trey Lance praise amid Dak Prescott contract stalemate highlights flaws in team's roster management
The Cowboys, who appear for a big reset after 2024, could very well be without both QBs in 2025CBS Sports - Sports -
Satellite Data Reveals Sinking Risk for China’s Cities
Development and groundwater pumping are causing land subsidence and heightening the risks of sea level rise.The New York Times - World - China -
Tesla recalls Cybertrucks over accelerator crash risk
The electric car company, run by Elon Musk, is recalling thousands of what is its latest vehicle.BBC News - Top stories - Tesla -
Building society and Co-op Bank agree takeover terms
The two lenders agree terms on a takeover deal that could be worth up to £780m.BBC News - Top stories -
This unusual combination signals either booms, bubbles or inflections, says Bank of America
There’s an unusual combination in markets this year that has happened just five times in the last 60 years.MarketWatch - Business -
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout
Banks have built up substantial reserves against office loans going bad.The Wall Street Journal - World -
US sanctions two groups over fundraising for Israeli extremists in West Bank
The Biden administration announced Friday that it is imposing sanctions on two groups accused of fundraising for Israeli extremists in the West Bank and the leader of an organization that has assaulted Palestinians. According to the Treasury ...The Hill - Politics - Israel -
Big banks have been a bright spot in tough week for markets
Major banks sailed through commercial real-estate updates in earnings and tapped the corporate bond market — with regional banks now on deck.MarketWatch - Business -
U.S. sanctions 2 entities over fundraising for extremist West Bank settlers
The Treasury Department announced sanctions on two entities accused of fundraising for extremist West Bank settlers connected to violence against Palestinians.CBS News - Politics -
'I was told, frankly, to shut up,' Boeing whistleblower tells Senate
Politico - Politics -
Senate Boeing hearings open with fingers pointing back at FAA
Politico - Politics -
FirstFT: Israel launches attacks against Iran
Also in today’s newsletter, Netflix’s surprise boom, and PwC plans to reverse tax restructuringFinancial Times - World - Iran -
Iranian air defence systems activated as Israel launches strikes – visual guide
Israel launched a limited attack on Iranian soil on Friday morning, in the latest tit-for-tat between the two countries. All our coverage of the Israel-Gaza warIsrael launched an attack on Iranian soil on Friday, in a tit-for-tat battle between ...The Guardian - World - Iran -
How Israel uses facial recognition systems in Gaza and beyond
Amnesty International researcher Matt Mahmoudi discusses the IDF’s use of the techonology as a tool of mass surveillance. Governments around the world have increasingly turned to facial recognition systems in recent years to target suspected ...The Guardian - World - Israel -
NATO allies to send Ukraine more air-defence systems
Yahoo News - World - Ukraine -
Shopify Just Revealed a New Points-System Approach to Pay Raises
Here's the secret: You're probably doing something similar.Inc. - Business -
The Biggest Deepfake Porn Website Is Now Blocked in the UK
The world's most-visited deepfake website and another large competing site are stopping people in the UK from accessing them, days after the UK government announced a crackdown.Wired - Tech -
UK's largest indoor arena opens with big plans
A new £365m venue in Manchester is backed by Harry Styles and aims to tempt major events from London.BBC News - Top stories -
Comex Gold, Silver Settle Higher
Gold settled up 0.7% at a new record high Friday, and silver rose 1.7%, up 15 of the past 17 sessions. Both metals posted a gain for the week.The Wall Street Journal - World -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
Iran crisis risks easing pressure on Israel over Gaza, diplomats warn
Humanitarian situation in Palestinian enclave remains dire, says EU’s top diplomatFinancial Times - World - Iran -
Influencers Love Ozempic---but They Aren't Telling You About the Risks
TikTok, Facebook and Instagram are supplanting physicians as the authorities on weight-loss drugs, but many posts don’t provide a complete picture of the hazards.The Wall Street Journal - World -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
Children of reality TV's Chrisleys hope court hearing is step toward bringing convicted parents home
Reality TV stars Todd and Julie Chrisley have appealed aspects of their convictions on federal charges of bank fraud and tax evasionABC News - Entertainment -
Kenya’s ‘blood desert’: can walking donor banks and drones help more patients survive?
The national blood deficit is most pressing in places like Turkana, where malaria, anaemia and violence make heavy demands on transfusion services – and doctors are pinning their hopes on innovation. In his small cubicle in Lodwar County referral ...The Guardian - World -
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
Borrowing from the discount window carries a stigma officials hope to reduce.The Wall Street Journal - World -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business -
Most UK dairy farms ignoring pollution rules as manure spews into rivers
Exclusive: 80% of Welsh dairy farms inspected, 69% of English ones, 60% in Scotland and 50% in Northern Ireland breaching regulations. The majority of UK dairy farms are breaking pollution rules, with vast amounts of cow manure being spilled into ...The Guardian - World - United Kingdom -
UK car insurance prices fall for first time in two years
Quarter-on-quarter drop provides some relief for households but quotes are up 43% from a year agoFinancial Times - Business - United Kingdom -
Delays to OFR funds recognition scheme leaves UK out in the cold
Post-Brexit overseas funds regime has yet to be implemented, depriving UK investors of some of latest innovative fundsFinancial Times - World - United Kingdom -
Letting grass grow long boosts butterfly numbers, UK study proves
Analysis of 60o gardens shows wilder lawns feed caterpillars and create breeding habitat. Good news for lazy gardeners: one labour-saving tweak could almost double the number of butterflies in your garden, according to a new scientific study – let ...The Guardian - World - United Kingdom -
EU Proposes UK Talks to Ease Stays for Students, Young Workers
Yahoo News - World - United Kingdom