CEO Financial News

South Korean prosecutors have asked a court to arrest the Hancom CEO Kim Sang-cheol as part of a probe into an alleged crypto “slush fund.”

The parent company of Olive Garden, LongHorn Steakhouse, Yard House and other chains says it's buying the Tex-Mex chain Chuy’s as it seeks to expand its dining options

Stocks that traded heavily or had substantial price changes on Wednesday: ASML, Five Below fall; J&J, V

The federal government has ordered an offshore wind developer off Nantucket Island to suspend operations after parts of a damaged turbine blade ended up littering beaches

Capital One said Wednesday it plans to offer $265 billion in lending, investing and philanthropy projects as part of its $35 billion merger with Discover Financial

Three events Wednesday highlighted the uneven progress of the offshore wind industry in the northeastern U.S. They include the start of the Sunrise Wind project in New York, research aimed at preventing environmental damage in New Jersey, and a tempora...

Angel City FC says Walt Disney Company CEO Bob Iger and Southern California dean for communication and journalism Willow Bay will be the new controlling owners of the National Women’s Soccer League team

The total compensation and benefits for the 4,300 employees at the Financial Industry Regulatory Authority Inc. in 2023 was – on average – $233,500 per worker, according to the self-regulatory organization’s annual report.

July is set to be a transformative month for the cryptocurrency world, as the popular crypto BlockDAG is all set to unmask its executive team and the CEO on July 29th. As BlockDAG enjoys the title of the best long-term crypto investment, the upcoming team unveiling has boosted BlockDAG’s presale, as it nears $60 million. These milestones showcase the network’s robust capabilities and innovation.

The Nigerian Police Force has arrested Linus Williams, a well-known local crypto celebrity known as BLord, for alleged crypto fraud.

He was a portfolio manager on the asset manager's flagship Global Absolute Return Strategies (GARS), which was folded into abrdn's diversified asset funds last year following a sharp decrease in assets. abrdn investments CEO Buehlmann: Closing GARS was 'difficult' but it was 'not right anymore' Smith started his career as a performance analyst at abrdn in 2006, and later became investment director of multi-asset and then head of dynamic multi-asset. He was promoted to head of absolute return in December 2022. He was also lead manager on the abrdn Dynamic Multi Asset growth fund, wh...

MacLeod joined the UK branch of Bordier in 2010, at the time trading under the name Berry Asset Management. He worked as the chief executive for the company alongside founder Jamie Berry, who is set to step in as interim CEO of the business following his exit.  The firm is part of the Swiss private bank Bordier & Cie and became Bordier & Cie (UK) in 2014. «Jamie has helped to build our firm into one of the most highly regarded private client wealth management firms, with assets under management at an all-time high of £1.9bn,» Berry said. «After 14 years, he wishes to start a new chapt...

Shortly after its landmark rebrand, the financial advisory division of World Insurance Associates has sealed a deal that significantly expands its East Coast presence.

ESAF Small Finance Bank on Wednesday said it has received the Reserve Bank of India's (RBI's) nod for re-appointment of K Paul Thomas as its Managing Director & CEO for another three years. This approval was communicated via the RBI's letter dated May 16, 2024, granted under the Banking Regulation Act, 1949, the bank said in a statement.

The acqusition of Elwood Capital Management (ECM) is another plank in Zodia Markets' ambition to build a fully-rounded digital asset business.Usman Ahmad, co-founder and CEO of Zodia Markets, says: "This acquisition is a significant progression to create greater diversification in our service offering and footprint, enabling scale and accelerating product capability. "Acquiring a successful, established business with a similar regulatory-first mindset allows us to extend our offering to the clients we will welcome and provide our existing clients with a broader suite of capabilities and value."For Elwood, the sale marks a strategic shift to focus on its institutional-grade SaaS products and services, including execution managment and portfolio and risk management.Chris Lawn, CEO of Elwood, comments: "The sale of our OTC trading business supports Elwood's strategic plan to build a world-class end-to-end EMS and PMS software platform and allows us to fully dedicate our resources to the SaaS business.

eligible AI startups" with up to $350,000 in Google Cloud credits “to invest in the cloud infrastructure and computational power essential for AI development and deployment." Karya, an AI data startup that empowers low-income communities, is “using Gemini (also Microsoft products) to design a no-code chatbot," while “Cropin (in which Google is an investor) is using Gemini to power its new real-time generative AI, agri-intelligent platform." Manu Chopra, co-founder and CEO of Karya, said he uses Gemini "to take Karya Platform global and enable low-income communities everywhere to build truly ethical and inclusive AI." Gemini has helped Cropin “build a more sustainable, food-secure future for the planet," according to Krishna Kumar, the startup's co-founder and CEO. Robotic startup Miko.ai “is using Google LLM as a part of its quality control mechanisms," says Ajjarapu.

Crypto derivatives trading firm Wintermute Asia has added spot and CFD product access to oneZero network.

www.beautyandyouawards.com. Winners will be announced on November 16, 2024, at a live event in Goa. The 2024 program builds on the success of previous years with the theme of Supercharged Futures.

Billionaire Elon Musk says he’s moving the headquarters of SpaceX and social media company X to Texas from California

Five Below says its CEO and President Joel Anderson has stepped down amid languishing sales at the discount retailer catering to teens

The electricity grid operators of the three Baltic countries on Tuesday officially notified Russia and Belarus that they will exit a 2001 agreement that has kept Estonia, Latvia and Lithuania connected to an electricity transmission system controlled b...