Matthew Sellers

Matthew Sellers
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Our insurance AI is nicer than our agents, Allstate says
RETIREMENT LIFE INSURANCE AND ANNUITIES FEB 24, 2025
Our insurance AI is nicer than our agents, Allstate says

The insurer claims its bots can be more empathetic than humans.

Crypto sent reeling by world’s biggest ever heist
NEWS INDUSTRY NEWS FEB 21, 2025
Crypto sent reeling by world’s biggest ever heist

Cryptocurrency exchange scrambles for emergency loan after suspected North Korean hack

Trump in Schwab tie-up for $250m financial services offering
NEWS INDUSTRY NEWS JAN 29, 2025
Trump in Schwab tie-up for $250m financial services offering

“American patriots can protect themselves from the ever-present threat of cancellation, censorship”

Leaked HSBC memo shows bank making huge cuts in UK and US to focus on Asia
NEWS INDUSTRY NEWS JAN 28, 2025
Leaked HSBC memo shows bank making huge cuts in UK and US to focus on Asia

Job losses and another blow to London as a financial hub as major lender “simplifies its business.”

Nasdaq hit with “dawn raid” by regulators
NEWS INDUSTRY NEWS SEP 24, 2024
Nasdaq hit with “dawn raid” by regulators

Deutche Borse also investigated by EU regulators.

Court partially reinstates advisor’s securities fraud claims against Macquarie Infrastructure
NEWS REGULATION AND LEGISLATION AUG 22, 2024
Court partially reinstates advisor’s securities fraud claims against Macquarie Infrastructure

“Half truth” claims allowed against giant holdings company that took millions in management fee.

Yes, AI is going to take your job
NEWS INDUSTRY NEWS AUG 05, 2024
Yes, AI is going to take your job

Well, it is if you are a financial analyst and you believe this new study.

SEC and DOJ accuse high-profile short-seller of $20 million securities fraud
NEWS REGULATION AND LEGISLATION JUL 26, 2024
SEC and DOJ accuse high-profile short-seller of $20 million securities fraud

It's alleged that defendant used social media posts and research reports to deceive investors.

Investment advisory firm case hits Supreme Court this week
NEWS REGULATION AND LEGISLATION NOV 26, 2023
Investment advisory firm case hits Supreme Court this week

Ruling could upend SEC’s 'Orwellian and terrifying' powers, amicus brief argues.

Citi initiates restructuring with significant job cuts
NEWS BROKER DEALERS NOV 20, 2023
Citi initiates restructuring with significant job cuts

Thousands could be affected as bank slashes positions.