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Swiss finance minister
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- 1AI fraudsters steal €95mn from Intesa Sanpaolo private bank▼AI fraudsters steal €95mn from Intesa Sanpaolo private bank; Swiss finance minister casts doubt on UBS leaving country
Fraudsters using artificial intelligence have stolen €95 million from the private banking arm of Italy's Intesa Sanpaolo, in one of the largest reported AI-enabled thefts from a European bank. The story is circulating alongside separate Swiss news, with Switzerland's finance minister casting doubt on suggestions that UBS could leave the country, keeping both items in financial headlines.