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OverviewAPI
The banking industry is undergoing a digital transformation, with a shift towards mobile and online banking. Investment banking is influenced by predictive analytics, AI, and robotic process automation. Banks are enabling fintechs through Banking as a Service (BaaS) platforms. Jim Cramer picks his favorite regional banks based on earnings reports, emphasizing the importance of diversification. The Federal Reserve's Daly expresses optimism about the economy and monetary policy, indicating a potential delay in interest-rate cuts. Chicago Mercantile Exchange cattle futures eased as the market retreated from November highs, with expectations of tightening cattle supplies towards the end of the year.

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