Global regulators make tackling non-bank leverage a priority for 2024

Global regulators make tackling non-bank leverage a priority for 2024 By Reuters – Canada Boosts

© Reuters. FILE PHOTO: 4 thousand U.S. {dollars} are counted out by a banker counting forex at a financial institution in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photograph By Huw Jones LONDON (Reuters) – Tackling hidden leverage throughout the multi-trillion greenback “shadow banking” sector is subsequent 12 months’s precedence, world monetary regulators stated on…

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Janet Yellen is worried about AI's potential threat to U.S. financial stability and says federal watchdogs should make averting disaster a top priority

Janet Yellen is worried about AI’s potential threat to U.S. financial stability and says federal watchdogs should make averting disaster a top priority – Canada Boosts

High US regulators view synthetic intelligence as a looming vulnerability for monetary stability, underscoring Washington’s mounting concern over systemic risks posed by the burgeoning expertise.   Treasury Secretary Janet Yellen on Thursday signaled that US watchdogs would make AI, and the threats it may pose, a prime precedence in 2024. In October, President Joe Biden…

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Release of Wall Street Journal reporter from Russia is top priority for Biden - White House

Release of Wall Street Journal reporter from Russia is top priority for Biden – Canada Boosts

© Reuters. Wall Road Journal reporter Evan Gershkovich stands inside an enclosure for defendants earlier than a courtroom listening to to contemplate an enchantment in opposition to his pre-trial detention on espionage costs in Moscow, Russia, October 10, 2023. REUTERS/Evgenia Novozhenina/File WASHINGTON (Reuters) -The discharge of detained Wall Road Journal reporter Evan Gershkovich from a…

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