OpenAI employee accused of bugging office; American banks’ mixed earnings, and more

U.S. bank Q3 earnings diverged sharply on fixed-income trading while Bank of America absorbed a historic $1.2bn money-laundering fine.

• OpenAI security breach: Saudi national Abdulrahman Afouzan was arrested and fired after planting a 'sophisticated recording device' in an executive conference room at OpenAI's San Francisco HQ; no model weights, source code, or customer data were accessed.
• Bank earnings diverge: Goldman Sachs' net income hit $5.3bn (+~33% YoY) on strong equities trading; JPMorgan profit rose just 6% YoY; both saw fixed income earnings unexpectedly fall, while Citigroup's fixed income earnings rose.

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