Airbus has recently outlined plans to increase aircraft deliveries to customers in 2024, despite grappling with persistent supply chain disruptions. The European aerospace giant revealed robust results for its commercial aircraft business in its latest annual earnings report, signaling optimism for the coming year with a target of 800 commercial aircraft deliveries—65 more than the previous year.
In a regulatory filing on Friday, JPMorgan Chase and Co disclosed that it will pay approximately $350 million in civil penalties to resolve issues related to incomplete trading data reported to surveillance platforms. The penalties come in response to government inquiries into the bank's trading processes.
In an era where Artificial Intelligence (AI) is at the forefront of technological innovation, the financial services industry finds itself at a crossroads. As AI becomes increasingly pivotal in shaping the global economy, its potential benefits are matched only by its potential risks. In a recent address, the Chief Data, Information, and Intelligence Officer of the Financial Conduct Authority (FCA), Jessica Rusu, shed light on the critical issues surrounding AI adoption in financial services.
The Singapore government announced today they have plans to form an inter-ministerial panel which will review its anti-money laundering regime in the midst of one of the largest money laundering cases ever.