Commercial lenders shouldering heavier AI burden than central banks: ICBC president
One daysingle sourceOne outlet reported this, once - no second voice in this corpus.
All 1 reports on Tue, 20 October 2026
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Tue, 20 October 2026
1 report- South China Morning Post23:00first to report
As artificial intelligence reshapes the finance industry, commercial bankers are facing a “more miserable” transition than their central banking counterparts, the head of the world’s largest lender by assets said. Industrial and Commercial Bank of China president Liu Jun said that while central bankers focused on oversight and policy, commercial lenders bore direct financial and legal liability when deploying AI at scale. “If [ICBC] deploys AI tools … towards different business lines, and all...