AI tool predicts when a bank should be bailed out

An artificial intelligence tool developed by researchers at UCL and Queen Mary University of London could help governments decide whether or not to bail out a bank in crisis by predicting if the intervention will save money ...

Not all banking crises involve panics: study

A banking crisis is often seen as a self-fulfilling prophecy: The expectation of bank failure makes it happen. Picture people lining up to withdraw their money during the Great Depression or customers making a run on Britain's ...

Study suggests banks could learn from monkeys to avoid collapse

(Phys.org) —All jokes about monkey business aside, primate social networks provide valuable lessons that could help predict and prevent catastrophes like the global financial crisis of 2008, report researchers at the University ...

As Bitcoin virtual currency soars, bubble fears do too

Some call it the most famous pizza purchase in history: In May 2010, a programmer called Laszlo asked an online forum if anyone would buy him a couple of pies in exchange for 10,000 Bitcoins, an experimental online currency ...

Five billion people to use mobile phones in 2010: UN

The ranks of cell phone subscribers will swell to five billion people this year thanks to the growth of smartphones in developed nations and mobile services in poor nations, a UN agency said Monday.

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