CEO Financial News

Creative Planning CEO and president Peter Mallouk said the giant registered investment advisor with $245 billion in client assets is building three lanes for the several hundred financial advisors and staff at the newly acquired RIA Personal Financial Management to allow them to move comfortably to Creative Planning in the next few months.

An ETF shop known for shorting Jim Cramer’s and Cathie Wood’s stock picks is preparing to bet against a different category: ESG.

Comcast and Disney have agreed to move up the date on which they begin negotiating the fate of their jointly-owned streaming service, Hulu, the cable company’s CEO said Wednesday. The companies plan to begin work negotiating a potential sale of Comcast’s minority stake in Hulu on Sept. 30, months earlier than their initial January start date.

renewable energy components, industry stakeholders have suggested that a production linked incentive scheme for components and sub-components makers in the wind energy would boost the sector. Speaking at a press briefing here, Amit Kansal, CEO and MD of Senvion India, said that if PLI scheme is implemented for components and sub components manufacturers, it will ensure scaling up of the manufacturing capacities installed. “The government of India’s scheme will also help in job creation and will give a boost to initiatives like 'Atmanirbhar Bharat' and 'Make In India'," Kansal added.

At the 2023 Goldman Sachs Communacopia & Technology Conference on Wednesday, Spotify (NYSE:SPOT) CFO Paul Vogel told listeners that the company has experienced «exceptional growth» over the last 12 months.

SBI Remit, a subsidiary of Japanese financial conglomerate SBI Group, has partnered with SBI Ripple Asia to introduce Ripple’s XRP-enabled international remittance solution to bank accounts in the Philippines, Vietnam and Indonesia.

Interest rates are likely to come down next year, Royal Bank of Canada chief executive Dave McKay said, allowing for the lender’s customers to avoid major pain when the majority of its mortgage book reprices in 2025 and 2026.

Zilliqa Research Pte. Ltd., the entity behind the high-performance Zilliqa blockchain, has announced the establishment of the Zilliqa Group. This integrated conglomerate is set to pioneer in delivering advanced Web3 and blockchain-based products and solutions. The Zilliqa blockchain remains at the heart of this Group, supporting both the Group's companies and the broader decentralized applications within the Zilliqa ecosystem.

B2C2, a prominent crypto liquidity provider catering to institutional clients worldwide and a digital asset pioneer shaping the future ecosystem, has finalized its acquisition of Woorton, a leading European entity in market making and over-the-counter transactions for the digital asset sector.

Mawson Infrastructure Group Inc. (NASDAQ:MIGI), a leading figure in the digital infrastructure and Bitcoin mining landscape, has unveiled its unaudited business and operational update for July 2023.

A group of high-net-worth Russian and CIS investors have filed a class action lawsuit against Atomic Wallet, a prominent cryptocurrency platform, following a security breach in June that resulted in losses of approximately $100 million.

The Securities and Exchange Board of India does not limit the number of demat accounts that an investor can open. To be sure, many investors have multiple demat accounts, usually to segregate their investments. The same goes for trading accounts but that though depends on the number of brokers they are dealing with. And most brokers won’t let you link your existing demat account to their trading account. They would rather insist you open a combined trading and demat account with them.

(Reuters) — AT&T (NYSE:T)'s CEO said on Wednesday tests conducted at several sites where the telecom operator abandoned lead-clad cables decades ago have shown no risks of a public health crisis.

alcohol industry has been thriving despite a streak of threats: the legalization of marijuana, a trade war with China that hampers US exports, the rise of the sober-curious movement. Now a new risk is here: weight loss drugs. Eli Lilly’s Mounjaro and Novo Nordisk’s Ozempic and Wegovy have gained popularity as a fast way to lose weight, thanks to celebrities such as Khloe Kardashian and Elon Musk.

India's long-term economic growth present plenty of room for Indian and Scotch whiskies to prosper in the world's biggest whisky market, an industry association said on Wednesday.Scotch Whisky Association (SWA) also said that the proposed reduction in import duty by India under a free trade agreement between New Delhi and London would not only help boost exports of Scotch whiskey from the UK, but consumers here will also get more choice as smaller producers enter the market. India and the UK are negotiating a free trade agreement. It will also benefit India-Made Foreign Liquor (IMFL) brands by reducing import costs. The association also said that imported Scotch whisky will pose «very little» direct competition to local Indian whisky because of its small size here. A large portion of the export of Scotch whisky to India is in bulk, and the bottled versions are only 24 per cent of exports.

Responsible Jewellery Council (RJC). Founded in 2005 and now with members globally in 71 countries, the RJC is the world’s leading standard-setting organisation for the jewellery and watch industry. Its Code of Practices (COP) is the global standard for the responsible jewellery and watch industry, focusing on business ethics and responsible supply chains covering all the primary minerals and metals used in the manufacture of jewellery -gold, silver, platinum group metals, diamonds and coloured gemstones. Mr.

(Reuters) -Comcast has extended the date for the sale or purchase of its remaining stake in Hulu to Disney to Sept. 30 next year, CEO Brian Roberts said on Wednesday.

Delhi airport will have dedicated gates and a dedicated corridor to ensure seamless immigration clearance for G20 delegates, and a team of senior officials will monitor arrival and departure operations related to the summit. Ahead of the G20 Summit, which will be held in the national capital on September 9 and 10, Delhi airport operator DIAL on Wednesday said there are a required number of parking slots for VVIP aircraft, and that most of the guests for the summit will be coming by chartered flights or special VIP flights. «While many of the guests will be arriving at Air Force Station on the Palam side, there are many other heads of states as well as other delegation members who are going to come at Terminal-3.

Global investment manager, Investcorp sold its stake in luggage maker Safari Industries, the company announced on Wednesday. It realised a total return of Rs 285 crore at 3.8X Multiple on Invested Capital (MOIC) from Safari Industries, the Bahrain-based company said in a statement. «The Internal Rate of Return (IRR) on the complete deal stood at 102 per cent,» it added. It made partial exits in the company in three tranches, the third and final one on Wednesday. In February 2023, it sold a 1.89% stake in luggage maker Safari Industries for ₹83.7 crore marking the second tranche post which it held about 300,000 shares.

While the Indiluxe boutique on Tata CLiQ Luxury offers a range of thoughtful brands, truly exquisite in Indian heritage and craftsmanship, across fashion, lifestyle, and home categories, the Indi Finds store will tap into women's inherent way of shopping through ‘discovery’. The store will help consumers discover a wide range of homegrown brands in the fashion category that are known for their modern and elegant designs and offer a world of exclusivity beyond the mainstream.

wind energy component and sub-component manufacturers will help scaling up installed manufacturing capacity in the country, said an industry expert.