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#banking-systemic-risk News & Analysis

1 article tagged with #banking-systemic-risk. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

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AIBearishCoinDesk · Apr 107/10
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Mythos AI threat prompts Bessent, Powell to convene bank CEOs for urgent talks

Treasury Secretary Bessent and Federal Reserve Chair Powell are convening bank CEOs for urgent discussions following concerns about Mythos, an AI system capable of rapidly identifying software vulnerabilities and developing sophisticated exploits. The meeting addresses fears that such AI capabilities could pose systemic risks to financial institutions and banking infrastructure.

Mythos AI threat prompts Bessent, Powell to convene bank CEOs for urgent talks