Remove Balance Sheet Remove Industry Remove Information Technology Remove Insurance
article thumbnail

Bank Profitability: Decoding the Income Statement

Tom Spencer

Non-interest income This is the revenue generated from fees, typically accounting for around 40% of industry revenue, including: deposit service charges (e.g., Operating expenses Operating or non-interest expenses will be affected by many moving parts such as wages, benefits, infrastructure, and information technology.

Banking 88
article thumbnail

We Need to Approach AI Risks Like We Do Natural Disasters

Harvard Business

Tens of billions of connected sensors are being embedded in everything ranging from industrial robots and safety systems to self-driving cars and refrigerators. AI Insurance Products and Services. Insurers should quantify their exposure to a global intelligent device meltdown, offer new products, and advise companies and governments.