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Investment Banks Software

Adler Pollock & Sheehan P.C.

Bad Robot? Employing Artificial Intelligence in the Rush to Replace LIBOR

Federal regulators have recommended that banks cease entering into new contracts using the London Interbank Offered Rate (“LIBOR”) as a reference rate by December 31, 2021. Additionally, the administrator of LIBOR will cease...more

Robins Kaplan LLP

Financial Daily Dose 5.23.2019 | Top Story: Deutsche Bank admits to using faulty AML software

Robins Kaplan LLP on

Deutsche Bank on Wednesday confirmed the basics of a recent German newspaper report that revealed that the bank “had used faulty software to screen customer transactions for suspicious activity” while claiming that “no...more

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