Banks shift focus to innovation and growth as AI delivers measurable impact

Banks shift focus to innovation and growth as AI delivers measurable impact

When a discrepancy of this nature occurs, bankers are motivated and evaluated more on the acquisition of customers, product innovation and digital commitment that we can see on the market. Interestingly, the results also revealed that artificial intelligence (AI) generates a measurable commercial value, with more banks seeing solid yields as initiatives mature. Measurable value … Read more

Bank of America delivers Q4 beat on strong net interest income By Investing.com

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Investing.com – Bank of America reported better-than-expected results for the fourth quarter of fiscal 2024, sending its shares up about 2% in premarket trading on Thursday. The bank reported earnings per share (EPS) of 82 cents, beating the consensus estimate of 77 cents. Income, net of interest expense, came in at $25.3 billion, also beating … Read more