Hacker News Reader

Comment by steveBK123 | Hacker News Reader

If you had to follow a bank's strategy on basically anything, would you follow Goldman or Barclays?

Well the real question is: Is this about using AI, or switching from public AI to private AI, or about Anthropic having access to confidential information of their own underwriter?

If only there was a way to find out what the linked article is about. I'll go ask Claud if there are any ways to do that.

Look no further than the recent email leak story. The tool is quite powerful and I can see the argument that at an enterprise / risk management level it should only be used by those capable of reviewing it.

Goldman any day, if you're asking based on their respective reputations.

They've been in business longer than the USA's existence, they must be doing something right - some 336 years.

The UK is very good at banking.

Uhh... colonial empire? See also: HSBC and Standard Chartered. For those unaware, one of France's largest banks, BNP Paribas is also an old colonial bank from... wait for it... Netherlands! Paribas stands for "Banque de Paris et des Pays-Bas". For those unaware, the old French term for the Netherlands (Holland) is the low countries, which is literally "Pays-Bas" in French.

To be fair, UK's #1 talent and economic advantage for global commerce in 2026 is their contract law and the courts that judicate it. It is unmatched globally. Sure, New York, Paris, Tokyo, Hongkong, and Singapore are pretty big, but nothing competes with London for international contract law. The ecosystem is just so massive and concentrated in London -- courts, highly experienced judges/barristers (lawyers)/academics.

> For those unaware, the old French term for the Netherlands (Holland) is the low countries, which is literally "Pays-Bas" in French.

"Netherlands" still means "low countries".

I don't know what it means. I'll be honest, I don't think anyone knows what it means anymore. Scholars maintain that the translation was lost hundreds of years ago

What do you mean by that? https://nl-en.dict.cc/?s=neder https://nl-en.dict.cc/?s=nederig

Maybe not Goldman.

But DEFINITELY NOT Barclays.

Right if you had to pick a big bank that didn't die in 2008 but nonetheless should not be followed on anything.. Barclays is top 3 for sure.

Deutsche Bank is number one this list.

Oh boy. They bought my business's bank (Postbank). It was okay until they transitioned Postbank IT to their own systems, massively delayed, with several long outages that made the news, and it's still worse than before now.

It was common knowledge that Postbank had good IT for a bank, but the acquirer had to show them who's boss instead of learning from them.

DB failed upwards. They couldn't fail, they were far more systemically important than Lehman or Bear.

Yeah, that’s implied

LOL yeah.. I mean.. yeah.

Better not ask that question to Merrill Lynch circa 2006

Reply on news.ycombinator.com