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Meet Mastercard’s new generative AI model
Category: Accounting / Financial
Generative AI completely changed the world of chatbots. Now, talking to a robot isn’t sci-fi, it’s just something we do. We believe this same gen-AI technology won’t just transform chat — it will transform commerce. It will make payments faster, retail experiences more personalized and cybersecurity tools more precise. To make this vision happen, our […]
Source: Mastercard
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Norway wealth fund boosts US Treasury holdings despite government debt concerns
Category: Accounting / Financial
Norway’s $2.2 trillion wealth fund, the world’s largest, has maintained its appetite for U.S. Treasury bonds even though it has concerns about high government debt levels in the U.S. and elsewhere, as it follows its investment mandate. The fund is responsible for investing the Norwegian state’s revenues from oil and gas production in bonds, stocks, […]
Source: Reuters
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Norway pauses wealth fund’s ethical divestments
Category: Accounting / Financial
OSLO, Nov 4 (Reuters) – Norway’s parliament on Tuesday voted in favour of pausing ethical divestments by its $2.1 trillion sovereign wealth fund, the world’s largest, while it updates the fund’s ethical guidelines.The move, proposed by the minority Labour government early on Tuesday, came at a time of intense international scrutiny on the fund’s ethical […]
Source: Reuters
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Financial Stability Report 2024 H2
Category: Accounting / Financial
Norges Bank’s Monetary Policy and Financial Stability Committee considers the financial system to be robust. Households and firms have so far been able to service debt in the face of high inflation and higher interest rates. Inflation has slowed and there are prospects for a lower policy rate. However, there is a risk of negative […]
Source: Norges Bank
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Citi Appoints Christian Aho as Country Head for Norway
Category: Accounting / Financial
April 4, 2024 – Citi has appointed Christian Aho as Country Head and Head of Banking for Norway. His appointment will be effective from May 1, and he will be based in Oslo to lead Citi’s Norwegian franchise. Christian joins Citi from HSBC, where he has held several senior positions. He was most recently working […]
Source: Cision
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