Bank ends lending relationship with AI fund after 67% losses in July

Morgan Stanley and Goldman Sachs in line for prominent roles from public listing

Banks have been through this before

New initiative to target financing for AI, energy and data centers through 2027

Competitive advantage is shifting away from traditional ownership modes toward those who control customer relationships, data, and decision-making

Regulator considers safeguards as autonomous systems enter financial markets

Recent events in the corporate card space have driven many banks to a fork in the road

Banking customers can manage finances through conversation rather than dashboards

Governance, data controls, and third-party risks examined closely amid AI expansion in banking

The AI-enabled solution consolidated four previously separate systems into a single platform