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Top Canadian bankers join Champagne's Chinese trade mission

Top Canadian bankers join Champagne's Chinese trade mission Bank of Canada governor Tiff Macklem and other top financial institution heads have joined Canada's finance minister on his trade mission to ...
American Banker

U.S. Bank, Mastercard take Amazon's small-business cards from Amex

Amazon's small-business credit card portfolio has found a new home. Processing Content U.S. Bank will be the new issuer of Amazon's Business and Business Prime credit cards, and Mastercard will act as ...
TechCrunch

Google unveils TurboQuant, a new AI memory compression algorithm — and yes, the internet is calling it ‘Pied Piper’

If Google’s AI researchers had a sense of humor, they would have called TurboQuant, the new, ultra-efficient AI memory compression algorithm announced Tuesday, “Pied Piper” — or, at least that’s what ...
VentureBeat

Google's new TurboQuant algorithm speeds up AI memory 8x, cutting costs by 50% or more

As Large Language Models (LLMs) expand their context windows to process massive documents and intricate conversations, they encounter a brutal hardware reality known as the "Key-Value (KV) cache ...
American Banker

Custodia's tokenized deposit to be used in 600-bank network

Custodia Bank in Wyoming and Vantage Bank in Texas have reached an agreement with Participate, a network of 600 banks that digitizes loan participations, to use the two banks' tokenized deposits in ...
Reuters

India central bank's additional liquidity support to wind down after March, bankers say

MUMBAI, Feb 26 (Reuters) - The Indian central bank's additional liquidity support to lenders, which has pushed overnight rates towards the floor of the policy rate corridor in a bid to ease money ...
Wall Street Journal

Centerview Settles Suit Over Young Banker Hours

Boutique investment bank Centerview Partners agreed to settle a lawsuit with a former analyst shortly before trial, resolving a case that was set to examine the responsibilities of one of the most ...
CNBC

Goldman Sachs taps Anthropic’s Claude to automate accounting, compliance roles

Embedded Anthropic engineers have spent six months at Goldman building autonomous systems for time-intensive, high-volume back-office work. The bank expects efficiency gains rather than near-term job ...
Engadget

X's 'open source' algorithm isn't a win for transparency, researchers say

The X logo appears on a smartphone screen. (Photo by Nikolas Kokovlis/NurPhoto via Getty Images) (NurPhoto via Getty Images) When X's engineering team published the code that powers the platform's ...
Business Insider

This JPMorgan banker sold Hailey Bieber's skincare brand for $1 billion. Here's how she spots winners.

Beauty has become a major focus area for Wall Street dealmakers. JPMorgan's top beauty banker says 2026 could be a big year for the sector. Fei-Fei Zhang shares how buyers identify which cosmetics ...
Law

Bankers Healthcare Group, LLC v. Christian C. Cumberbatch D/b/a Christian C. Cumberbatch, D.V.M.

Bankers Healthcare Group sued Christian C. Cumberbatch and Paula Bridgewater for breach of contract on Jan. 27 in New York Supreme Court for Onondaga County. The suit, brought by the Cali Law Offices, ...