Tag: Regulatory scrutiny

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Microsoft withdraws from OpenAI board amidst regulatory review – What it means

Microsoft has decided to step down from its observer seat on the OpenAI board due to regulatory reviews surrounding generative artificial intelligence in Europe...
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Ensuring Compliance: Citigroup, JPMorgan Chase, Goldman Sachs, Bank of America Face Regulatory Scrutiny

Banking regulators recently raised concerns about the resolution plans of four major American lenders. The Federal Reserve and the Federal Deposit Insurance Corp. reviewed...

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CFPB Sues JPMorgan Chase, Bank of America, Wells Fargo for Zelle...

The CFPB Sues Major Banks Over Zelle Payment FraudIn a stunning turn of events, the Consumer Financial Protection Bureau (CFPB) has taken legal action...

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