CEO Financial News
31.05 / 14:25
Digital
CEO
Strategy
Mobile
German digital bank Nuri to lay off 20% of staff
"Venture capitalists have become more cautious and compared to 2021, the venture capital investment records have slowed down considerably," says Kristina Walcker-Mayer, Nuri CEO. "To get funding now and in the near future, companies have to show that they are on the home stretch to profitability - and this is also true for us."Formerly known as Bitwala, the German mobile bank leans on Solarisbank for licencing and regulatory requirements, offering customers saving and crypto investment products.
31.05 / 13:37
COST
Digital
CEO
Pool
wholesale
MAS to test DeFi applications in wholesale funding markets
Sopnendu Mohanty, chief fintech officer, MAS, says: “Through practical experimentation with the financial industry and the broader ecosystem, we seek to sharpen our understanding in this rapidly transforming digital assets ecosystem. The learnings from Project Guardian will serve to inform policy markets on the regulatory guardrails that are needed to harness the benefits of DeFi, while mitigating its risks.”The first industry pilot will explore potential DeFi applications in wholesale funding markets.
30.05 / 13:17
Binance
CEO
Action
Strategy
Binance Scores Big Win as Newly Licensed Exchange in Italy
Binance cryptocurrency exchange has just scored a big win as its Italian offshoot, dubbed Binance Italy, has received approvalto operate in the country by the Organismo Agenti e Mediatori (OAM).
29.05 / 03:01
CEO
Remark
Morgan Stanley CEO James Gorman says he won’t be stepping down soon
Despite running the bank for more than a decade, Morgan Stanley boss James Gorman says he won't be stepping down any time soon.
28.05 / 06:49
UPS
CEO
Strategy
Metaverse will lose ‘significant’ money in the short term: Mark Zuckerberg
According to CEO Mark Zuckerberg, Meta’s metaverse move will result in a “substantial” loss in the short run. During a shareholders’ meeting on 26 May, he went on to say that this will be profitable in the long run. For the time being, however, the company’s income growth will come from its Instagram Reels.
28.05 / 00:07
CEO
Remark
Morgan Stanley CEO James Gorman says he won’t be stepping down soon
Despite running the bank for more than a decade, Morgan Stanley boss James Gorman says he won't be stepping down any time soon.
27.05 / 11:57
CEO
Remark
Morgan Stanley CEO James Gorman says he won’t be stepping down soon
Despite running the bank for more than a decade, Morgan Stanley boss James Gorman says he won't be stepping down any time soon.
26.05 / 19:41
CEO
Remark
HSBC
sustainable investing
debate
HSBC exec suspended for ESG comments brought ‘dose of honesty’ to debate, ex-BlackRock sustainable investing chief says
HSBC Asset Management responsible investing head Stuart Kirk caused an uproar when he branded climate warnings from environmental “nut jobs” as false, leading to a public rebuke from the CEO and a suspension from his job.
26.05 / 12:49
Blockchain
Binance
CEO
Luna
Plan to Reboot Terra Ecosystem as Terra 2.0 Wins Approval
The proposal to revive the troubled Terra network as Terra 2.0 has received the green light from the community. However, the controversial algorithmic UST stablecoin will not be a part of the rebirth.
26.05 / 08:55
26.05 / 02:25
CEO
elon
We run a green finance company. Here’s why Elon Musk is right about ESG
Alex Friedman, Josh Green, and Lorraine Spradley Wilson are, respectively, the CEO, chief operating officer, and chief impact officer of Novata.
26.05 / 01:47
CEO
Solomonic
Suspect in Goldman Sachs employee shooting arrested
A suspect has been arrested in the unprovoked shooting of Daniel Enriquez on a Manhattan-bound Q train.
26.05 / 01:41
CEO
Forbes
Ava Labs
Terraform Labs
Luna
Ties with LUNA plunged AVAX into a $60m loss- Decoding the mystery
It is no longer news that investors in Terra’s LUNA have been counting their losses since the collapse of the token following the depegging of the UST Stablecoin. Speaking on its own woes, the founder of Avalanche Foundation and the CEO of Ava Labs, Emin Gun Sirer in a recent interview with Forbes stated that the foundation has lost $60m following the failure of the Terra ecosystem.
26.05 / 01:13
CEO
ceo pay
Glass Lewis urges DWS shareholders to vote against CEO pay package
DWS shareholders have been told to vote against the pay package of chief executive Asoka Woehrmann, with influential proxy adviser Glass Lewis citing concerns over an “excessive” base salary for the asset management boss.
25.05 / 23:59
CEO
Bank of America CEO Brian Moynihan: ESG transition is a ‘big business opportunity’
Bank of America chief executive, Brian Moynihan, says that the ESG transition is a “big business opportunity” for the bank and that it is investing in expertise as demand grows for financing across industries.
25.05 / 20:19
25.05 / 16:21
Booking
CEO
Inflation will be higher for longer — and you won’t like what’s next
Vitaliy Katsenelson is CEO and chief investment officer of Investment Management Associates. He is the author of Active Value Investing: Making Money in Range-Bound Markets, and The Little Book of Sideways Markets
25.05 / 13:13
cryptocurrency
CEO
Platform
cryptocurrency news
Indian
Cryptocurrency Platform CoinTracker Enters Indian market
CoinTracker has announced its foray into the Indian market
25.05 / 13:13
UPS
CEO
Martin Gilbert: There are too many asset managers
Martin Gilbert, the co-founder and former CEO of Aberdeen Asset Management, is chair of AssetCo and Revolut
25.05 / 12:23
CEO
ceo pay
Glass Lewis urges DWS shareholders to vote against CEO pay package
DWS shareholders have been told to vote against the pay package of chief executive Asoka Woehrmann, with influential proxy adviser Glass Lewis citing concerns over an “excessive” base salary for the asset management boss.
25.05 / 12:23
CEO
Solomonic
Suspect in Goldman Sachs employee shooting arrested
A suspect has been arrested in the unprovoked shooting of Daniel Enriquez on a Manhattan-bound Q train.
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