Two banks. Two decisions. One useful lesson for lending executives: modernizing the machinery does not mean handing everyone the controls.
A final rule is not a product launch. It is the point where a strategy presentation needs owners, controls, and an implementation plan.
A borrower’s AI assistant can sound confident. Your institution still needs to know whether it has permission.
The funding headline is about AI. The most useful operating lesson is about what happened before the AI was switched on.
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A more predictable capital calculation is useful. Mistaking it for permission to stop asking hard risk questions is not.