Artificial intelligence is increasingly used to make decisions in financial markets. Fund managers empower AI to make trading decisions, frequently by identifying patterns in financial data. 668 more words
Tags » Financial Stability Board
TORONTO — The Royal Bank of Canada is the first Canadian lender to be added to the Financial Stability Board’s list of global systemically important banks, which are deemed too big to fail. 589 more words
Global financial regulators have decided to ditch a “too big to fail” gauge for assessing the riskiness of insurers, according to a source briefed on the matter, in a big win for companies such as American International Group and Prudential Financial Inc. 159 more words
For the past few years, environmentalists have voiced concern that we’ve passed a tipping point of climate change. Even if we achieve drastic reductions in emissions, they fear, the current levels of carbon dioxide in the atmosphere may inexorably increase its temperature… 306 more words
Financial Stability Board and its working group, the Task Force, has published its recommendations for companies related to climate change and financial disclosures. This working group was established in December 2015 to set a voluntary, consistent disclosure for companies. 312 more words
Companies with a combined market value of more than $3.3 trillion — equivalent to all the goods and services produced annually by Germany — threw their weight behind Carney’s final report on climate change.