Dr Zeeshan Syed

Board or No Board! Challenge for Open AI
Nov 23, 2023

Summary n their elegant paper, Hermalin and Weisbac (1998) ask a very basic question: “How can boards be chosen through a process partially controlled by the CEO, yet, in many instances, still be effective monitors of him?”.

People Zeeshan Syed

URL https://masketer.com/board-or-no-board-challenge-for-open-ai/

Summary	n their elegant paper, Hermalin and Weisbac (1998) ask a very basic question: “How can boards be chosen through a process partially controlled by the CEO, yet, in many instances, still be effective monitors of him?”.
People	Zeeshan Syed
URL	https://masketer.com/board-or-no-board-challenge-for-open-ai/

Fintech: Mixing Finance with Technology
Nov 14, 2023

Summary Banks are important in any modern economic system. As a structuralists one may regard banks as a central organ of our society such as heart valves that pumps clean blood into our arteries. Their omnipotence also stems from their ability to collect and store customers’ financial data. Banks can also leverage this data to become verifiers of our identities such proof of address, proof of income, proof of cash balance, and proof of identity. Therefore, computing becomes central to modern banking and tech companies and innovators now fancy that lets just take over the entire banking function in the name of “Fintech”. One wonders that can BigTech and tech innovators actually replace or make banks disappear (just like coal mines or steel mills in the UK). Let’s look the challenge of Fintech.

People Zeeshan Syed

URL https://masketer.com/fintech-mixing-finance-with-technology/

Summary	Banks are important in any modern economic system. As a structuralists one may regard banks as a central organ of our society such as heart valves that pumps clean blood into our arteries. Their omnipotence also stems from their ability to collect and store customers’ financial data. Banks can also leverage this data to become verifiers of our identities such proof of address, proof of income, proof of cash balance, and proof of identity. Therefore, computing becomes central to modern banking and tech companies and innovators now fancy that lets just take over the entire banking function in the name of “Fintech”. One wonders that can BigTech and tech innovators actually replace or make banks disappear (just like coal mines or steel mills in the UK). Let’s look the challenge of Fintech.
People	Zeeshan Syed
URL	https://masketer.com/fintech-mixing-finance-with-technology/

Generative AI and the Risks to the Banks
Nov 13, 2023

Summary Gen AI is full of promises, and there is no doubt that it can deliver on those promises. For example, McKinsey notes that Generative AI can add up to $200 bn to the banking sectors. Analysing the implications of Generative AI in the banking sector more deeply, it is bound to change work conditions and routines. For example, the job of analysts of corporate actions can be handed over to Generative AI and LLM. Generative AI can enable banks to automate the process of modelling, data analysis, and even data generation.

People Zeeshan Syed

URL https://masketer.com/generative-ai-and-the-risks-to-the-banks/

Summary	Gen AI is full of promises, and there is no doubt that it can deliver on those promises. For example, McKinsey notes that Generative AI can add up to $200 bn to the banking sectors. Analysing the implications of Generative AI in the banking sector more deeply, it is bound to change work conditions and routines. For example, the job of analysts of corporate actions can be handed over to Generative AI and LLM. Generative AI can enable banks to automate the process of modelling, data analysis, and even data generation.
People	Zeeshan Syed
URL	https://masketer.com/generative-ai-and-the-risks-to-the-banks/

The high-speed dilemma: Do we really need the HS2 corridor?
Oct 18, 2023

Summary The high-speed dilemma: Do we really need the HS2 corridor?
Cost overruns in mega projects are an accepted fact; the rule is that 90% of projects go over budget

People Zeeshan Syed

URL https://elitebusinessmagazine.co.uk/analysis/item/the-high-speed-dilemma-do-we-really-need-the-hs2-corridor

Summary	The high-speed dilemma: Do we really need the HS2 corridor? Cost overruns in mega projects are an accepted fact; the rule is that 90% of projects go over budget
People	Zeeshan Syed
URL	https://elitebusinessmagazine.co.uk/analysis/item/the-high-speed-dilemma-do-we-really-need-the-hs2-corridor

Banks Market Dominance: Unveiling Their Unique Strengths
Oct 3, 2023

Summary Financial institutions have long been replacing traditional roles with newer and more profitable ones to maintain their market dominance and strengths. Banks started as goldsmiths and private banks (trustworthy individuals and families) and became giant commercial enterprises. This showcases that banks can withstand disruption and challenges and outlast their competition. The question is why and how? Banks’ traditional business of taking deposits and making loans has declined since the late 1990s (Allen and Santomero, 2011). Therefore, one wonders why and how they have survived centuries of disruption and decay. Allen and Santomero (2011) note that “… banks have maintained their position relative to GDP by innovating and switching from their traditional business to fee-producing activities.”

People Zeeshan Syed

URL https://masketer.com/banks-market-dominance-unveiling-their-unique-strengths/

Summary	Financial institutions have long been replacing traditional roles with newer and more profitable ones to maintain their market dominance and strengths. Banks started as goldsmiths and private banks (trustworthy individuals and families) and became giant commercial enterprises. This showcases that banks can withstand disruption and challenges and outlast their competition. The question is why and how? Banks’ traditional business of taking deposits and making loans has declined since the late 1990s (Allen and Santomero, 2011). Therefore, one wonders why and how they have survived centuries of disruption and decay. Allen and Santomero (2011) note that “… banks have maintained their position relative to GDP by innovating and switching from their traditional business to fee-producing activities.”
People	Zeeshan Syed
URL	https://masketer.com/banks-market-dominance-unveiling-their-unique-strengths/

Banks Necessity: Your Empowering Catalyst for Thriving Financially
Oct 3, 2023

Summary Banking history is, in effect history of private bankers, who, through their social, political, economic, and inherited clout, governed the flow of capital in advanced societies. Early goldsmiths, English bankers, French financiers, and American financial pioneers rode the financial tide of imperialism, industrialisation, and war economies. They played a key role in shaping the “wealth of nations” and the ability of states to finance militarisation, build infrastructure, and finance imperialism. Nevertheless, it was the emergence of commercial banking during the 1950s that paved for the bank for many, not the few. However, these very banks also led to the mass destruction of wealth during the financial crises of the 1980s and 2009. Hence, one wonders why we need banks and why, now and then, banks have been complicit in alleged misconduct and violations, but their necessity in our economy cannot be denied. The answer to this question lies in understanding the multifaceted role of banks in our economies.

People Zeeshan Syed

URL https://masketer.com/banks-necessity-your-empowering-catalyst-for-thriving-financially/

Summary	Banking history is, in effect history of private bankers, who, through their social, political, economic, and inherited clout, governed the flow of capital in advanced societies. Early goldsmiths, English bankers, French financiers, and American financial pioneers rode the financial tide of imperialism, industrialisation, and war economies. They played a key role in shaping the “wealth of nations” and the ability of states to finance militarisation, build infrastructure, and finance imperialism. Nevertheless, it was the emergence of commercial banking during the 1950s that paved for the bank for many, not the few. However, these very banks also led to the mass destruction of wealth during the financial crises of the 1980s and 2009. Hence, one wonders why we need banks and why, now and then, banks have been complicit in alleged misconduct and violations, but their necessity in our economy cannot be denied. The answer to this question lies in understanding the multifaceted role of banks in our economies.
People	Zeeshan Syed
URL	https://masketer.com/banks-necessity-your-empowering-catalyst-for-thriving-financially/

News (6)