Big Banks Have Nearly $1 Trillion Tied to AI. What If the Boom Cracks?

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The largest US bank holding companies have close to $1 trillion in exposure to firms behind the AI buildout. The Federal Reserve (Fed) disclosed the figure in its November Financial Stability Report. The Fed still describes the banking system as sound, with high capital ratios. Yet 87% of market contacts surveyed by the New York The post Big Banks Have Nearly $1 Trillion Tied to AI. What If the Bo...