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Financial Trends
Traditional statistical models are limited in the number of dimensions they can access
Banks should not learn the wrong lessons, however
Has hundreds of teams of workers that pitch potential startups through an internal program called GS Accelerate
Online banking is usually safe but not invulnerable to threats
The banking industry is poised to use AI in the near future for massive benefits
Volume was up 5% over the previous week thanks to long term interest rates falling again
Major banks filed an official complaint to the central bank
Large banks continue to struggle with costs due to low interest rates and Brexit concerns
A massive opportunity has opened up in the industry to gain back some control through acquisition of the new investment advisement platforms
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