EntryCrypto

Bank stocks crashed by $22 billion after AI access scare

Protos · · Markets

Banking giants JPMorgan, Morgan Stanley, Wells Fargo, Citi, and Bank of America lost a combined $22.8 billion in market value, just hours after Axios broke the news about bank customers handing over account access to AI bots — a violation of most banks’ terms of service. JPMorgan alone lost over $7...

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