An A.I.-Generated Picture Stokes a Stock Market Plunge
Posted inBankman-Fried, Sam Bezos, Jeffrey P Biden, Joseph R Jr Carroll, E Jean Dimon, James Ellison, Caroline (1994- ) Federal Communications Commission Federal Energy Regulatory Commission Gates, Bill Gensler, Gary S Google Inc HK FTX Trading Ltd (Futures Exchange) Internal Revenue Service internal-storyline-no International Atomic Energy Agency Manchin, Joe III McCarthy, Kevin (1965- ) Microsoft Corp Morgan Stanley NVIDIA Corporation Regulation and Deregulation of Industry Republican Party RT (TV Network) Salame, Ryan Sanchez, Lauren (1969- ) Scott, Timothy Eugene Securities and Commodities Violations Senate Sullivan & Cromwell Twitter

An A.I.-Generated Picture Stokes a Stock Market Plunge

A stock sell-off driven by a since-debunked picture underscored fears about how artificial intelligence could be used for nefarious purposes with big consequences.
JPMorgan’s Succession Plans for Jamie Dimon May Weigh on Investors
Posted inBanking and Financial Institutions Biden, Joseph R Jr Bostic, Raphael W Commerce Department Daly, Mary C Democratic Party Dimon, James Exxon Mobil Corp Facebook Inc Federal Reserve System First Republic Bank Frank (TAPD LLC) Goldman Sachs Group Inc Gorman, James P Group of Seven Internal Revenue Service internal-storyline-no JPMorgan Chase & Company Justice Department Lazard LLC Mitsotakis, Kyriakos Morgan Stanley NVIDIA Corporation Regulation and Deregulation of Industry Silicon Valley Bank Treasury Department

JPMorgan’s Succession Plans for Jamie Dimon May Weigh on Investors

Revelations about rivals’ plans may prompt the bank’s shareholders to ask about who will replace Jamie Dimon at an annual investor gathering on Monday.
Calls to Investigate Short Sellers Intensify as Bank Crisis Deepens
Posted inCitigroup Inc Clayton, Walter J Democratic Party DeSantis, Ron Dimon, James First Republic Bank House of Representatives Icahn, Carl C internal-storyline-no JPMorgan Chase & Company Licht, Christopher A (1971- ) McCarthy, Kevin (1965- ) Musk, Elon Peacock Services Regulation and Deregulation of Industry Republican Party Securities and Exchange Commission Shell, Jeff Short Selling Tesla Motors Inc Trump, Donald J Twitter

Calls to Investigate Short Sellers Intensify as Bank Crisis Deepens

Jamie Dimon is the latest to urge action against the traders who have targeted the regional lenders and made huge profits.
PacWest’s Plunge Reignites Fears About America’s Regional Banks
Posted inBanking and Financial Institutions Biden, Joseph R Jr Comerica Inc Cook, Timothy D Dimon, James El-Erian, Mohamed A European Central Bank Facebook Inc First Republic Bank Goldman Sachs Group Inc Harris, Kamala D Hoffman, Reid Garrett HSBC Holdings PLC. Instagram Inc internal-storyline-no JPMorgan Chase & Company Khan, Lina Markey, Edward J Meta Platforms Inc Microsoft Corp Ping An Insurance Co Powell, Jerome H Regulation and Deregulation of Industry Silicon Valley Bank United Automobile Workers

PacWest’s Plunge Reignites Fears About America’s Regional Banks

The regional lender said it is weighing its options, after its shares fell despite assertions by the Federal Reserve that the recent bank crisis is contained.