UBS, ITG, ISE

JOHANSSON DEPARTS UBS IB

Jerker Johansson has resigned from his role as CEO of UBS Investment Bank, according to UBS officials. His replacements are Alex Wilmot-Sitwell and Carsten Kengeter, who have been named co-CEOs of UBS Investment Bank. Wilmot-Sitwell joined the firm in 1996 and most recently held the post of and chairman and CEO of UBS Group Europe, Middle East & Africa (EMEA), since January 2008. Prior to that, he had been the joint global head of the investment banking department since

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Study: RAG-based LLMs less safe than non-RAG

Researchers at Bloomberg have found that retrieval-augmented generation is not as safe as once thought. As a result, they put forward a new taxonomy to help firms mitigate AI risk.

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