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Generative AI in Investment Banking

Alpha Sense BI

While they are not newcomers to digital transformation, investment banks (IBs) are increasingly adopting generative artificial intelligence (genAI) across their organizations. In the last couple of decades, investment banks have adopted AI for customer-centric interfaces and to automate data functions. million per employee by 2026.

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How Investment Teams can Leverage GenAI

Alpha Sense BI

It is expected that genAI will grow more than 20% annually from 2023-2030, burgeoning to $207 billion in market volume by 2030. The Build vs Buy vs Partner Dilemma In our 2023 State of Gen AI & Market Intelligence report , over 80% of respondents planned to leverage genAI tools in their research heading into 2024.

Knowledge 105
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Athene enhances its fixed indexed annuity lineup

Wink Intel

WEST DES MOINES, Iowa GLOBE NEWSWIRE) — Athene USA (“Athene”), a premier provider of retirement savings products for individuals and institutions, has added three new indices to its market-leading suite of retail fixed indexed annuities. They are protected from market loss because the interest credit will never fall below zero.

IT 40
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Athene Enhances Its Fixed Indexed Annuity Lineup

Wink Intel

WEST DES MOINES, Iowa, July 27, 2023 (GLOBE NEWSWIRE) — Athene USA (“Athene”), a premier provider of retirement savings products for individuals and institutions, has added three new indices to its market-leading suite of retail fixed indexed annuities. annualized volatility.

IT 40
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FNF Reports Fourth Quarter and Full Year 2023 Financial Results

Wink Intel

Net loss attributable to common shareholders for the fourth quarter of $69 million , or $0.25 per diluted share (per share), compared to $5 million , or $0.02 per share, for the fourth quarter of 2022. Total revenue, excluding recognized gains and losses, of $1.7 billion and $7.0 billion in full year 2022.

Loss 40
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UBS launches US equity-focused Climate Aware Equity Index to help investors meet environmental and financial goals

Wink Intel

Featured by Global Atlantic in a registered index-linked annuity (RILA), the UBS Climate Aware Equity Index is pioneering climate-focused indices in the US RILA market. Registered index linked annuities are the fastest growing category of retirement products,” said Rob Arena, Co-President and Head of Individual Markets at Global Atlantic.

Banking 40
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F&G Annuities & Life Reports Fourth Quarter and Full Year 2023 Results

Wink Intel

Net loss for the fourth quarter of $299 million , or $2.41 per diluted share (per share), compared to a net loss of $176 million , or $1.41 per share, for the fourth quarter of 2022. Importantly, we are well positioned to drive continued profitable growth and capture the market opportunity that lies ahead.”

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