Financial Services Firms Find Multiple Use Cases for AI

Published on September 13, 2024

Tech executives discuss use cases, experiences and the future of artificial intelligence during the CTO Panel at the WealthManagement.com Industry Awards Executive Forums.

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US Department of Labor sues R.B. Pamplin Corporation and owner to recover millions in retirement funds for pension plan participants

September 13, 2024
PORTLAND, OR – The U.S. Department of Labor has filed suit in the U.S. District Court for the District of Oregon against Dr. Robert B. Pamplin Jr. and R.B. Pamplin Corporation for jeopardizing millions of dollars in retirement funds for thousands of employees because of the unlawful acquisition of company-owned real estate by the R.B. Pamplin Corporation and Subsidiaries Pension Plan.The departmen

El-Erian Says Cash on Sidelines Is Minimizing Bond Market Losses

September 13, 2024
Investors are using their massive cash piles to lock in attractive yields in global bond markets, helping to limit losses in the asset class, according to Mohamed El-Erian.