Dev Patnaik

Dev Patnaik

CEO

Dev Patnaik is the CEO of Jump Associates.

Artificial intelligence

ChatGPT will break financial services, but then it might save it

Interacting with ChatGPT is like hanging out with the best-informed, brainiest acquaintance you've ever had. Surprisingly, it's that characteristic that makes it a boon to the banking industry.

By Dev Patnaik

January 16

TRENDING

Regulation and compliance

TD takes $450 million provision in U.S. money-laundering probe

Toronto-Dominion Bank has taken an initial provision of $450 million in connection with U.S. investigations into its anti-money-laundering practices and said it expects additional penalties to come.

By Christine Dobby, Bloomberg News

37m ago
Workforce management

Wells Fargo CEO responds to union push at shareholder meeting

After employees at a handful of Wells Fargo branches voted to unionize, CEO Charlie Scharf said the bank is "committed to bargaining in good faith" but also believes employees are "best served by working directly" with managers.

By Polo Rocha

1h ago
Corporate governance

Citi, Wells Fargo shareholders reject proposals on Indigenous rights

Resolutions calling for more details about how the two banks protect Indigenous people's rights failed to win majority approval on Tuesday. JPMorgan Chase shareholders are scheduled to vote on a similar proposal next month.

By Allissa Kline

2h ago