U.S. Department of the Treasury Archives

U.S. Treasury Identifies Cybersecurity Risks and Challenges of AI in Financial Services

According to a recent report from the U.S. Department of the Treasury, there is a widening gap between large and small financial institutions when it comes to in-house AI systems, with the rise of AI creating additional cybersecurity and fraud challenges.

Ally Financial Launches IPO to Repay Government

Ally Financial announced it launched an IPO of shares of its common stock. The shares will be offered by the U.S. Department of the Treasury as part of its planned exit of its investment in Ally.

Treasury Sells Final Shares of GM Stock; Loses $10.5B

The U.S. government said it sold its remaining shares in General Motors and ended up losing $10.5 billion on its bailout of the auto-maker, but notes “efforts saved jobs and helped stabilize economy during the financial crisis.”

December 10, 2013 General Motors | U.S. Department of the Treasury ABF Journal

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Tag Archives: U.S. Department of the Treasury

U.S. Treasury Identifies Cybersecurity Risks and Challenges of AI in Financial Services

Ally Financial Launches IPO to Repay Government

Treasury Sells Final Shares of GM Stock; Loses $10.5B