CEO Financial News

15.06 / 17:01

UPS BLOCK CEO Customer Sen. Warren asks bank regulator to reject TD’s $13.4 billion acquisition after customer-abuse report

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15.06 / 12:57

COST CEO Platform coinbase Coinbase Cuts Employees By 18% as Market Outlook Remains Bleak

CEO Brian Armstrong has announcedthat approximately 18% of all of Coinbase Global Inc’s workforce will be laid off as the cryptocurrency trading platform strategizes to navigate the now evident crypto winter.

15.06 / 10:53

FIVE CEO coinbase Bitcoin Crypto bear roars: Coinbase to lay off 1100 employees

Coinbase had already put in place a hiring freeze and rescinded a host of accepted job offers.In a blog, CEO Brian Armstrong says: "We appear to be entering a recession after a 10+ year economic boom. A recession could lead to another crypto winter, and could last for an extended period."Armstrong also says that Coinbase has grown "too quickly" from its headcount of 1250 at the beginning of 2021 and the firm now neds to manage expenses and increase efficiency.

15.06 / 07:09

COST CEO coinbase Coinbase to Let 1,100 Employees Go As Market Keeps Falling

Coinbase CEO Brian Armstrong announcedtoday that the exchange was laying off 1,100 employees immediately. This reduces the company’s workforce by 18% not long after reaching more than 2,500.

14.06 / 20:55

FIVE CEO coinbase Bitcoin Crypto winter: Coinbase to lay off 1100 employees

14.06 / 17:03

Target CEO coinbase Immunic After BlockFi, Coinbase cuts workforce by 18% as CEO admits to over-hiring

While it is one of the world’s biggest crypto-exchanges, it would seem that Coinbase is not immune to the market’s downturn either. According to a blog shared by CEO Brian Armstrong, the exchange will be taking the “difficult decision” to slash the workforce by 18%.

14.06 / 15:45

COST CEO coinbase Bitcoin Coinbase lays off 18% of workforce as executives prepare for recession and 'crypto winter'

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13.06 / 20:19

UPS CEO Morgan Stanley CEO James Gorman sees 50-50 odds of recession ahead

The odds of a recession may be climbing as the Federal Reserve wrangles with inflation, but it's unlikely to be a deep one, according to Morgan Stanley CEO James Gorman.

13.06 / 15:51

Binance CEO Bitcoin Withdrawals Binance pauses bitcoin withdrawals due to a 'stuck transition' as crypto sell-off deepens

Binance said Monday that it is temporarily pausing bitcoin withdrawals «due to a stuck transaction causing a backlog.»

12.06 / 22:31

BTC ETF CEO Bitcoin Bitcoin: Why this investment expert believes BTC could touch highs of $250k

As the price of Bitcoin [BTC] begins to touch its January 2021 lows, the majority of the market is motivated by fear. Players in the market have now commenced massive distribution of the coin to salvage their investments. However, many who believe in the intrinsic value of Bitcoin, still hold the token in anticipation of a bullish run.

12.06 / 20:37

Twitter SEC CEO Genuine mistake or fraud? That’s the question Terra’s Do Kwon needs to answer

Do Kwon pleads his innocence on his twitter feed after latest reports condemn him for cashing out $2.7 billion. The Terraform Labs CEO is already facing an investigation from the SEC and South Korean police. He is now at the heart of a latest crypto community backlash.

11.06 / 13:41

COST CEO Warning Costs Credit Suisse CEO Gottstein says he has ‘firepower’ to cut costs amid profit warning

Credit Suisse chief executive Thomas Gottstein said the bank has "firepower" to cut costs in frontline staff, and will scale back on some planned investments after it flagged another potential loss in the second quarter of 2022.

11.06 / 01:31

COST CEO Warning Costs Credit Suisse CEO Gottstein says he has ‘firepower’ to cut costs amid profit warning

10.06 / 20:01

UPS SEC CEO GameStop Brokerage industry looks for alternatives to payment for order flow amid SEC's threatened crackdown

The brokerage industry is exploring alternatives to payment for order flow as SEC chair Gary Gensler takes aim at the practice.

10.06 / 11:03

UPS CEO Strategy Takeover Credit Suisse boss Thomas Gottstein says suggestion of State Street takeover is ‘really stupid’

Credit Suisse chief executive Thomas Gottstein said a report that the bank could be taken over by State Street was "really stupid" and that the lender can repair itself.

10.06 / 10:37

PayPal CEO Mobile Apple 'Buy now, pay later' firms were already in trouble. Apple just gave them one more thing to worry about

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09.06 / 18:13

CEO Platform Software Solomonic Goldman Sachs CEO David Solomon’s advice to summer interns: 'Be an entrepreneur'

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09.06 / 14:05

COST CEO Warning Costs Credit Suisse CEO Gottstein says he has ‘firepower’ to cut costs amid profit warning

Credit Suisse chief executive Thomas Gottstein said the bank has "firepower" to cut costs in front line staff, and will scale back on some planned investments after it flagged another potential loss in the second quarter of 2022.

09.06 / 12:17

Blockchain Lowe's CEO Platform Wine Hong Kong-based Grand Cru Cellar to Offer First Redeemable Wine NFT in Asia

Hong Kong-based wine importer and distributor Grand Cru Cellar (GCC) has announced plans to enter the non-fungible token (NFT) industry.

09.06 / 11:45

CEO DWS chief exec says greenwashing allegations and personal attacks were a burden, ‘especially for my family’

The outgoing chief executive of DWS will tell shareholders at its upcoming annual general meeting that greenwashing allegations made against him and the asset manager placed a burden on him and his family.

09.06 / 10:31

IPO Digital CEO Software consolidation 'The mood is very grim': Once-hot fintech sector faces IPO delays and consolidation

AMSTERDAM — Financial technology companies are putting IPO plans on hold and cutting expenses as fears of an impending recession cause a shift in how investors view the market.

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