Author: protecos

The AI-first bank of the future will also enjoy the speed and agility that today characterize digital-native companies. It will collaborate extensively with partners to deliver new value propositions integrated seamlessly across journeys, technology platforms, and data sets. That said, financial institutions across the board should start training their technical staff to create and deploy… Continue reading How Regulators Worldwide Are Addressing the Adoption of AI in Financial Services Insights Skadden, Arps, Slate, Meagher & Flom LLP

Think of retained earnings as savings, since it represents the total profits that have been saved and put aside (or “retained”) for future use. This number is the sum of total earnings that were not paid to shareholders as dividends. Assets include cash and cash equivalents or liquid assets, which may include Treasury bills and certificates of deposit. For example, ABC Co.… Continue reading Accounting Equation Assets = Liabilities + Equity

It also enables you to identify areas where you may be overspending or underfunding and adjust accordingly. Even employees not directly affected by job loss or reduced benefits may still be impacted by a death spiral. A sense of uncertainty and instability within the company can make it difficult for employees to feel satisfied with… Continue reading What is a Death Spiral? Definition Meaning Example