Tootfinder

Sources: Shari Redstone's National Amusements decides to stop discussions with David Ellison's Skydance Media (Jessica Toonkel/Wall Street Journal)
https://www.wsj.com/economy/cent…

Auf X streamen statt auf Twitch?
https://stohl.de/wordpress/?p=188864

Auf X streamen statt auf Twitch?
Elon Musk will Twitch-Streamer zu X bringen: Zu wenig Gaming, zu viele nackte Frauen – Aber er sitzt selbst im Glashaus. X soll ja irgendwann alles sein. Twitter, Online-Banking, VoD-Dienst, Office…

Adaptive combinations of tail-risk forecasts
Alessandra Amendola, Vincenzo Candila, Antonio Naimoli, Giuseppe Storti
https://arxiv.org/abs/2406.06235 https…

Adaptive combinations of tail-risk forecasts
In order to meet the increasingly stringent global standards of banking management and regulation, several methods have been proposed in the literature for forecasting tail risk measures such as the Value-at-Risk (VaR) and Expected Shortfall (ES). However, regardless of the approach used, there are several sources of uncertainty, including model specifications, data-related issues and the estimation procedure, which can significantly affect the accuracy of VaR and ES measures. Aiming to mitigat…

Sources: Wells Fargo's credit card with fintech startup Bilt, which gets points on rent payments and saw 1M signups in 18 months, costs the bank up to $10M/mo. (Wall Street Journal)
https://www.wsj.com/finance/banking/wells-fargo-credit-card-…

Moscow Exchange in Crisis as US Imposes Sanctions! Is a Banking Panic Looming in Russia?: https://benborges.xyz/2024/06/16/moscow-exchange-in.html

Sen. Warren warns Powell against weakening banking regulations: 'Do your job' (Hugh Son/CNBC)
https://www.cnbc.com/2024/06/18/sen-elizabeth-warren-powell-basel-iii-endgame.html
http://www.memeorandum.com/240618/p49#a240618p49

Am I hallucinating? Did a large bank (initials "WFB") create a monster security vulnerability?
At WFB customers of their on-line banking get a login that covers their accounts (and credit cards). Fine and good.
Then if that customer takes a job at a company and the company wants that customer to have view or management access of the company accounts WFB does *not* create a new login. Rather WFB creates a new "view" under that login that is simply a drop down…

Federal Indictment Alleges Alliance Between Sinaloa Cartel and Money Launderers Linked to Chinese Underground Banking (US Department of Justice)
https://www.justice.gov/opa/pr/federal-indictment-alleges-alliance-between-sinaloa-cartel-and-money-launderers-linked
http://www.memeorandum.com/240618/p44#a240618p44