Pegasus 4 FinTech: This is BIG

Pegasus for FinTech: autmatic text summarization for financial news

Pegasus for FinTech: autmatic text summarization for financial news


Hi all, hi-fin-tech guys!

I bet you spent a lot of time reading financial news, looking for the perfect shorting/longing stock. And, I bet that you don’t have time enough to read all the data.

And, this is 2021, and once again, HugginFace comes to save your time with his NLP models.

Enjoy in financial texts summarization: three paragraphs in two short sentences.

Ladies and gentlemen hi-fin-tech guys, the honor goes to:

https://huggingface.co/human-centered-summarization/financial-summarization-pegasus?text=National+Commercial+Bank+%28NCB%29%2C+Saudi+Arabia%E2%80%99s+largest+lender+by+assets%2C+agreed+to+buy+rival+Samba+Financial+Group+for+%2415+billion+in+the+biggest+banking+takeover+this+year.NCB+will+pay+28.45+riyals+%28%247.58%29+for+each+Samba+share%2C+according+to+a+statement+on+Sunday%2C+valuing+it+at+about+55.7+billion+riyals.+NCB+will+offer+0.739+new+shares+for+each+Samba+share%2C+at+the+lower+end+of+the+0.736-0.787+ratio+the+banks+set+when+they+signed+an+initial+framework+agreement+in+June.The+offer+is+a+3.5%25+premium+to+Samba%E2%80%99s+Oct.+8+closing+price+of+27.50+riyals+and+about+24%25+higher+than+the+level+the+shares+traded+at+before+the+talks+were+made+public.+Bloomberg+News+first+reported+the+merger+discussions.The+new+bank+will+have+total+assets+of+more+than+%24220+billion%2C+creating+the+Gulf+region%E2%80%99s+third-largest+lender.+The+entity%E2%80%99s+%2446+billion+market+capitalization+nearly+matches+that+of+Qatar+National+Bank+QPSC%2C+which+is+still+the+Middle+East%E2%80%99s+biggest+lender+with+about+%24268+billion+of+assets.

human-centered-summarization/financial-summarization-pegasus ยท Hugging Face

Enjoy writing your own fintech summarization code. I don’t know if Google offers such possibility, but it would cost you ๐Ÿ™‚

NLPDeep Learning

fintechPEGASUS

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