Israeli strikes kill Palestinians attending Gaza funeral for earlier strike victim

Banks should keep watch over frontier artificial intelligence models as much as they look out for rogue traders, fraudsters and hackers, a leading quant says. Alexander Sokol, founder of risk management technology company CompatibL, said agentic AI presents a new type of risk in which the adversary – though a computer model – hides its…

The Reserve Bank of India (RBI) on Thursday said banks must dispose of immovable assets acquired against bad loans within seven years through a public auctionconducted in accordance with the principles laid down under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Sarfaesi) Act.   It also barred banks from…

Even with the Warner Bros. Discovery (WBD) acquisition out of its hair — leaving Paramount Skydance (PSKY) to hold the bag — Netflix, Inc. (NFLX) is struggling this year. Shares of the streaming entertainment giant are languishing and have been faltering over the past several months despite markets applauding the decision to not pursue Warner…

Why emotional intelligence matters more than ever.

How Manulife is managing costs Just as they emphasize value in their investment products, Bankay and Wernic explain that their firm is seeking to bring costs down wherever possible. Bankay explains that Manulife’s ETF team has rolled out a suite of ‘Smart ETFs’ which use systematic investment techniques driven by a quantitative model. More of…

US Treasury Secretary Scott Bessent confirmed the US government ordered the freezing of more than $130 million in cryptocurrency held in wallets linked to Iran on Tuesday, as hostilities ramped up in the Middle East.  Earlier on Tuesday, blockchain investigator Specter pointed to onchain data showing Tether froze four Tron wallets holding $131 million worth…