The $3 Trillion AI Footnote: What Big Tech Isn't Telling You On Page 1

RBC Wealth Management has lured a six-person team, KPM Wealth Advisory Group, from Stifel, Nicolaus & Company to its Dallas branch. The advisors had previously overseen $1.6 billion in client assets. The team includes managing directors and financial advisors Donald Kinsey, Travis Moss and Matthew Pickett, along with senior financial associates Shawn Ezzo and Stephanie…

A technical glitch on the Reserve Bank of India’s e-Kuber portal led to weaker-than-expected demand at the central bank’s 30-day variable rate reverse repo (VRRR) auction for a notified amount of ₹7 trillion on Monday, market participants said.   The e-Kuber platform, which is usually used for such auctions, faced a technical issue, following which…

Processing Content Key insight: Citizens Financial Group plans to shut down credit facilities for a pair of clients, CoreCivic and The Geo Group, two of the largest private-prison operators in the country. What’s at stake: The move comes amid growing pressure by activist groups and communities that have called on Citizens to break ties with…

Stellantis signs memorandum of understanding with Roshel for potential Canadian factory sale

Don’t use Swiss Army knives for surgically precise work; use scalpels. That’s what Manos Koukoumidis and other players in the AI cost-saving business say is the biggest problem with how companies use AI. They’re using the most powerful, versatile, and expensive AI models — from frontier labs like Anthropic, OpenAI, and Google — to handle niche…

Thousands of households living near new or upgraded electricity pylons and power lines are set to start receiving an energy bills discount worth £250 a year. The government has revealed the first locations where outdated electricity infrastructure will be upgraded, with households living close to these projects eligible for money off their bills. The scheme…