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Can AI Help Us Understand Whether To Bail Out Banks?

The Horizons Tracker

The decision to bail out banks en masse in 2009 was widely adopted yet far from uncontroversial. Research from UCL explores whether AI can help governments to decide whether to bail out a bank in crisis or not. This short-term cost is justified to the taxpayer because the long-term costs of bank defaults would be more harmful.

Banking 118
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Championing Diversity and Inclusion at Bank of America

HR Digest

In 2021, we merged our Consumer Bank Academy with our Global Learning Organization to create The Academy at Bank of America, an onboarding, education and professional development organization dedicated to the growth and success of 200,000+ teammates from consistent onboarding through skill building.

Banking 78
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Leadership Lessons from the Banking Upheaval

Great Leadership By Dan

Guest post from Jean-Marc Laouchez , Hay Group: “Banking is no longer somewhere that you go, it’s something that you do.” - Brett King, Banking 3.0. When was the last time you visited a bank branch? In Africa, some telecoms providers have bypassed traditional banks completely. My kids have never seen the inside of one.

Banking 251
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Wall Street banks opt for greater automation for grunt work to retain talent

HR Digest

Banks now insist on weekend offs, no excessive overtime, and greater use of technology for routine work. Wall Street banks are trying to automate as much grunt work as possible to save the younger bankers from feeling overwhelmed. Headcount in the banking industry is likely to get reduced, aided by technology.

Banking 95
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Using AI To Improve The Efficiency Of Food Banks

The Horizons Tracker

The researchers developed a model that translates predictions on the arrival of patients into the emergency room into a better process for dealing with those numbers. New research from Cornell University attempts to perform a similar trick with food banks to improve the distribution and allocation of food among the facility’s patrons.

Banking 81
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Can Machine Learning Support Strategy Development?

The Horizons Tracker

These often involve banks, companies, and institutional investors who pool their expertise and capital together. The post Can Machine Learning Support Strategy Development? The researchers focused on the private equity industry, where deal syndicates are commonplace. first appeared on The Horizons Tracker.

Strategy 113
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3 Inexpensive Ways to Develop as a Leader

Ron Edmondson

There are inexpensive ways to develop as a leader. The church looks to him to lead and, wisely, he knows he needs to develop his leadership skills. Side note – In my opinion, when organizations struggle they cut things they shouldn’t cut – such as marketing and staff development. He lives in small town.