Industry Trends & Risk Management - Bank of America's CEO has joined other Wall Street leaders in expressing significant concerns regarding the rapid deployment of advanced AI models [1] - Financial institutions are increasingly prioritizing the assessment of security risks associated with the integration of advanced AI technologies [1]

Bank of America is no longer working with Chicago on a sale of debt tied to unpaid fines and fees, and the city has been unable to advance the deal this year, according to the mayor's office https://t.co/ce1Pko7OCM ...