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CATEGORY: financial risks

AI risks financial stability, warns Indian central bank governor
Author: Cointelegraph by Savannah Fortis
United States
Source: Cointelegraph.com News
Oct 15, 2024 12:00

AI risks financial stability, warns Indian central bank governor

Indias central bank governor has warned of financial risks linked to AI dominance in finance, echoing concerns from global financial authorities.

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Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 06, 2023 05:50

Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’

Roughly 26 days ago and in the following days, the U.S. witnessed two significant bank failures when Silicon Valley Bank and Signature Bank collapsed. After speaking at an event on Monday at Yale University, Janet Yellen, the current U.S. Treasury secretary, told reporters that she was closely monitoring the banking industry. Yellen insisted that “matters [...]

The post Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’ appeared first on Crypto Breaking News.

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