Gary Gensler warns AI could trigger bank stress

Former SEC Chair and MIT professor Gary Gensler said AI could trigger bank stress by shifting deposits, fuel an "AI bubble" retrenchment and expose hidden risks in private equity and credit. He also discussed Anthropic's S-1 warnings and what they signal for financial stability.

• Gensler: AI could shift deposits and stress banks
• Hidden risks sit in private equity and credit portfolios
• He tied the warning to Anthropic's S-1 disclosures