SpaceX and other mega AI deals are lifting big bank profits. CEOs say more are coming.
Wall Street’s biggest banks are taking a victory lap this week after a global AI boom fueled one…
China now has 7 of world’s 10 biggest banks as Beijing’s financial ambitions grow
China’s “big four” state-run banks are the largest in the world in terms of asset scale, a new…
Hong Kong stocks struggle as mainland China markets ride AI wave
Signs are omnipresent that mainland Chinese investors are rotating out of Hong Kong stocks and back to the…
US banks charge ahead with American AI in Hong Kong despite geopolitical tensions
Leading American banks are rolling out advanced artificial intelligence tools powered by US technology in their Hong Kong…
Citi Debuts Platform to Bring AI Agents to Banking Work
Banking giant Citi has debuted a platform to let it launch artificial intelligence agents throughout the company. The…
China’s ‘landmark’ drug pricing guidelines widen biotech profit window: analysts
The State Council, China’s cabinet, has published guidelines on innovative drug pricing that a bank analyst has described…
As China’s biotech firms shift gears, can AI floor the accelerator?
A quarter featuring multiple eye-popping deals is no longer unusual for China’s pharmaceutical industry – in fact, it…
Why China’s path to ‘financial superpower’ status could begin in Hong Kong
When Wilson Chan Fung-cheung joined Hong Kong’s banking industry as a foreign-exchange trader more than four decades ago,…
China expands oversight of major banks amid property sector risks
China has expanded its list of domestic systemically important banks (D-SIBs) – institutions subject to tighter regulatory standards…
Citigroup’s AI usage frees up 100,000 hours for developers a week
NEW YORK (Reuters) -Citigroup CEO Jane Fraser said the company’s use of artificial intelligence has saved time and…
Boomer and Serial Job Applicant Wants to Return to Corporate Life
Scott Thomas, 66, lives near Tampa, Florida, and earlier in his career, worked in customer service operations at…
Citi Adds Agentic Platform to Streamline Workflows
Citigroup has launched an upgraded version of its internal artificial intelligence platform, Citi Stylus Workspaces, which now includes…