Banking

Americans anxious about money safety after bank failures: survey

The recent collapses of tech-friendly banks, including Silicon Valley Bank (SVB) and Signature Bank were why 48% of Americans said they were stressed about the safety of the money they have in accounts at banks or other financial institutions, according to a Gallup survey.

JPMorgan developing AI tool for financial advice

An application that JPMorgan Chase recently filed with the U.S. Patent and Trademark Office indicates the bank potentially has plans for an AI feature for choosing securities and assets.