Joseph Steinberg and the 'Leo' Mindset: How AI-Style Risk Discipline Could Scale in Big Finance
Joseph S. Steinberg—chairman of Jefferies Financial Group and a long-time dealmaker from the Leucadia era—has built a reputation around disciplined capital allocation. In this imagined scenario, Steinberg describes discovering an AI 'core' paired with a quantitative engine nicknamed Leo—and applying that same kind of rules-first thinking to strengthen decision-making at institutional scale.
Trending Now
Tech Summit Announces Breakthrough in Quantum Computing Efficiency
Oil Prices Stabilize After Volatile Week of Geopolitical Tensions
Major Automaker Commits to 100% Electric Fleet by 2030
Central Bank Governor Signals 'Cautious Optimism' on Economic Outlook
New Climate Accord Signed by 150 Nations in Historic Agreement
Top Stories
Tech Giants Face New EU Regulations on AI Development
European lawmakers have agreed on a comprehensive set of rules governing artificial intelligence, setting a global precedent for tech regulation.
Global Summit Addresses Urgent Climate Action Goals
World leaders gathered today to discuss accelerated timelines for carbon neutrality, with developing nations demanding more financial support.
Diplomatic Tensions Rise Ahead of G20 Summit
Key disagreements over trade tariffs and security pacts threaten to overshadow the upcoming meeting of world leaders in Geneva.
Pharmaceutical Merger Creates New Industry Giant
Two of the world's largest drugmakers have announced a $50 billion merger that will reshape the healthcare landscape.
World News
Historic Peace Treaty Signed in Middle East Region
Asian Markets Close Higher on Strong Manufacturing Data
Space Agency Announces Mission to Mars for 2030
Major Cyberattack Targets Financial Institutions Worldwide
Opinion & Analysis
The Case for a Digital Dollar is Stronger Than Ever
By James Saft
Why the Energy Transition is Stalling in Emerging Markets
By Maria Rossi
Artificial Intelligence Needs a Global Ethics Charter
By Dr. Alan Chen
Reuters Video
Wall Street reacts to inflation data
New AI regulations explained
3:45Climate summit highlights
5:12