Loss Executives Association

Bessent, Powell Warned Bank CEOs About Anthropic Model Risks, Sources Say

April 13, 2026

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank CEOs this week to warn of cyber risks posed by Anthropic’s latest artificial intelligence model, two sources familiar with the matter said on …

Read the full article →

Share:

More Posts

Shein Accuses Temu of ‘Industrial Scale’ Copyright Breaches in Legal Battle

Online fast-fashion platform Shein accused Temu of copyright infringement “on an industrial scale,” while Temu countered that Shein is using litigation to stifle competition, as

California County Suing Meta Over Scam Ads

California’s Santa Clara County has sued Meta Platforms, alleging it has profited from Facebook and Instagram ads promoting scams in violation of California’s false advertising

Hedge Funds Make Their Move as Litigation Finance Assets Slump

Litigation finance has become a $20 billion industry, but a combination of tougher regulations in key jurisdictions, protracted legal battles and investor flight has stunted

Send Us A Message