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A survey of 632 employees put a price on wasted meeting time. The number is ugly.
A new OCC and FDIC rule, effective November 2, leaves more of the call on what to fix with the bank itself. That makes the bank's own decision the bottleneck.
What changes when bank AI stops drafting and starts executing
The SEC will now review first-time asset-backed registration statements in private. The filing can move early. The bank's approval often cannot.