UBS to announce changes to next management level soon – CEO
ZURICH (Reuters) -UBS will announce further changes to its management as it seeks to integrate Credit Suisse following the recent takeover of its former rival, …
Management
Goldman Sachs Asset Management head of healthcare investing to leave
By Saeed Azhar NEW YORK (Reuters) -The head of healthcare investing at Goldman Sachs Asset Management, Jo Natauri, will leave the company at the end …
Quotes: Here’s what people are saying about Alibaba’s management reshuffle
(Reuters) – Alibaba Group said on Tuesday its CEO and chairman Daniel Zhang will step down from those roles to focus on its cloud division …
Morgan Stanley CEO sees deals in asset management
NEW YORK (Reuters) – Morgan Stanley CEO James Gorman said the bank could look for more deals in asset management. “I could see us doing …
Arrowstreet, Coatue Management among big hedge funds buying Meta in first quarter
By David Randall NEW YORK (Reuters) – Prominent hedge funds including Arrowstreet Capital LLC, D1 Capital Partners and Coatue Management LLC were among the investors …
Soros Fund Management cut Tesla stake, added Netflix in 1st quarter
By David Randall NEW YORK (Reuters) – Soros Fund Management, the family office of billionaire George Soros, slashed its stakes in electric vehicle makers Tesla …
The Office of Information and Technology Introduces Two New Blanket Purchasing Agreements – Enterprise Small Business And Enterprise Business Management Support Services 2.0
The Office of Information and Technology (OIT) is proud to announce two new contracting opportunities, including initiatives that support small businesses. We will award two …
Signature Bank failure due to ‘poor management,’ US FDIC report says
(Reuters) – Last month’s failure of New York-based Signature Bank was caused by “poor management” and a pursuit of “rapid, unrestrained growth” with little regard …
Chinese lenders focus on risk management amid global banking crisis
BEIJING (Reuters) – China’s top lenders should enhance risk management practices and be more sensitive to macroeconomic fluctuations, senior Chinese banking officials said, in response …
Nomura names Rudolf Hitsch North Asia head of wealth management
HONG KONG (Reuters) – Japanese investment bank Nomura Holdings Inc on Monday said it has appointed Dr. Rudolf Hitsch as head of North Asia for …
US consumer finance chief calls for better risk management at banks, fintechs
By Nupur Anand and Tatiana Bautzer (Reuters) – The recent failures of mid-size U.S. lenders show the need for more robust risk management at banks …
Allianz applies to set up new fund management unit in China
By Selena Li HONG KONG (Reuters) – Allianz Global Investors (AllianzGI) has become the latest foreign asset manager to seek Beijing’s approval to expand in …
Bank of America to redeploy wealth management, banking employees – source
(Reuters) – Bank of America Corp is redeploying employees in wealth management and lending to other roles within the company, a source familiar with the …
Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown
By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as the world’s leading wealth management …
Pentagon’s ‘Strategic Management Plan’ Devotes Roughly One Out Of Every Six Pages To Diversity, Climate Change
Pentagon’s ‘Strategic Management Plan’ Devotes Roughly One Out Of Every Six Pages To Diversity, Climate Change Micaela Burrow on March 14, 2023 The Pentagon’s Strategic …
Apple to shake up international businesses’ management to focus on India – Bloomberg News
(Reuters) – Apple Inc is reshuffling management of its international businesses to put a bigger focus on India, Bloomberg News reported on Wednesday citing people …
BofA promotes Lindsay Hans to lead private wealth management
By Lananh Nguyen and Nupur Anand NEW YORK (Reuters) – Bank of America Corp promoted Lindsay Hans to lead its Merrill Private Wealth Management, international …
China refines capital and risk management of commercial banks
BEIJING (Reuters) – China’s banking regulator and the central bank plan to adopt a more differentiated regulatory system for assessing commercial banks’ capital adequacy and …
Australia’s CBA simplifies financial reporting after sale of wealth management unit
(Reuters) – Commonwealth Bank of Australia said on Monday it will simplify its financial reporting in upcoming half-year fiscal results to reflect the sale of …
U.S. Treasury launches debt limit cash management measures
WASHINGTON (Reuters) – The U.S. Treasury Department on Thursday began using extraordinary cash management measures to continue borrowing under the federal debt limit, Treasury Secretary …
Trian Fund Management, now pushing for seat at Disney, lost 10.6% in 2022
By Svea Herbst-Bayliss NEW YORK (Reuters) – Trian Fund Management, the activist investment firm currently pushing for changes plus a board seat at Walt Disney …
Southwest Airlines reshuffles senior management roles
(Reuters) – Southwest Airlines Co said on Monday it made leadership changes across several departments in a bid to strengthen operations amid a recent technology …
Maryland Man Sentenced to More Than Six Years in Federal Prison for His Role in a $28 Million Ponzi Scheme Involving “1st Million Dollars” Wealth Management Company
Greenbelt, Maryland – U.S. District Judge Theodore D. Chuang sentenced Arley Ray Johnson, age 63, of Bowie, Maryland, yesterday to 78 months in federal prison, …
Investment management firm AQR books best year in several strategies
By Nell Mackenzie (Reuters) – Investment management firm AQR’s Absolute Return Strategy in 2022 saw its best year since its inception since 1998, a source …
JPMorgan, Citi and BNP invest in risk management provider Acin
By Andres Gonzalez LONDON (Reuters) – A group of five banks including JPMorgan, Citi and BNP Paribas are among the investors who backed an overall …
More top Pitney Bowes shareholders criticize management amid activist pressure
By Svea Herbst-Bayliss NEW YORK (Reuters) – Two more top shareholders in Pitney Bowes Inc are criticizing how management is running the shipping and mailing …
BNP Paribas Asset Management heads for the woods with Danish deal
By Virginia Furness LONDON (Reuters) – BNP Paribas Asset Management said on Thursday it had bought a majority stake in a Danish firm specialising in …
Silicon Valley leaders welcome Elon Musk’s management of Twitter
(Reuters) – Silicon Valley leaders welcomed Elon Musk’s management of Twitter, with Netflix co-founder Reed Hastings going so far as to call the billionaire “the …
Former Pain Management Doctor Pleads Guilty to Health Care Fraud
PITTSBURGH – A former physician pleaded guilty today in federal court to a health care fraud charge associated with the pain management practice, Jefferson Pain …
Temasek shifts president, CFO in management shuffle
(Reuters) – Singapore’s Temasek Holdings said on Wednesday President Tan Chong Lee will resign to take up the role as chief executive officer at its …
The Teriyaki Madness’ Restaurant Sherpa Management Program is Officially Sold Out (But We’ll BRB!)
With 55 new Restaurant Sherpa commitments in the past 30 days, Teriyaki Madness is pausing new applications for its Absolute Absentee™ ownership option so that …
ItsaCheckmate and Grubhub Make Digital Ordering and Menu Management Even Easier for Restaurant Owners
Menus and Orders Through Grubhub can now be Streamlined by ItsaCheckmate, Simplifying Menu Management and Removing the Need for Multiple Tablets New York, NY (-) …
SSCP Management Continues to Grow with the Acquisition of Virginia Applebee’s
Dallas, TX (-) SSCP Management, Inc., based in Dallas, recently acquired a group of Applebee’s restaurants across the state of Virginia, putting its total number …
Restaurant Management Co. of Wichita Inc. Selects Branch to Power Cashless Tips, Faster Pay, and Fee-Free Financial Services to Workforce
Pizza Hut Franchisee Saves Administrative Time, Offers New Financial Wellness Benefits Minneapolis, MN (-) Restaurant Management Company of Wichita Inc. (RMC), one of the largest …
SSCP Management Names New President of Its Roy’s Restaurant Concept
Industry Stalwart and Roy’s Star Deborah Hinson Set To Take the Roy’s Brand to New Heights Dallas, TX (-) In Roy’s terms, consider this a …
Credit Suisse sells stake in EIP venture to management
ZURICH (Reuters) – Credit Suisse has sold its 30% stake in Energy Infrastructure Partners to EIP’s managing partners, EIP said on Friday without giving any …
Singapore’s asset management sector surges to record as funds expand
By Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s asset management industry grew to a record size last year, outpacing global growth in the sector as the …
BNP Paribas gets regulatory nod to set up China asset management joint venture
By Selena Li HONG KONG (Reuters) – BNP Paribas has received Chinese regulatory approval to start building an asset management venture with Agricultural Bank of …
Shares in BTS’ management rise after band clears uncertainty over military service
By Joyce Lee SEOUL (Reuters) – The announcement by K-pop mega band BTS that members would serve mandatory military service in South Korea has removed …
Bakersfield Pain Management Doctor Pleads Guilty to Tax Evasion
FRESNO, Calif. —Janardhan Grandhe, 65, of Bakersfield, pleaded guilty today to tax evasion, U.S. Attorney Phillip A. Talbert announced. According to court documents, Grandhe was …
GM takes on Tesla in home and commercial energy storage, management
By Paul Lienert DETROIT (Reuters) – General Motors Co is expanding beyond car making, with plans to offer energy storage and management services to residential …
Doctors urge U.S. FDA to add miscarriage management to abortion pill label
By Ahmed Aboulenein WASHINGTON (Reuters) – Obstetricians, gynecologists, other medical professionals, and abortion rights advocates petitioned the U.S. Food and Drug Administration (FDA) on Tuesday …
Trafigura expands management committee, combines gas and power trading
LONDON (Reuters) – Trafigura has appointed Richard Holtum as its global head of a newly combined gas and power division, the commodities trading firm said …
Emerson to sell Russia business to local management
(Reuters) – Emerson Electric Co said on Tuesday it would sell its Russian business to the local management team for an undisclosed amount, marking the …
Ford shuffles management in a push to bolster supply chain, EV units
(Reuters) – Ford Motor Co on Thursday announced a management shuffle and the streamlining of its product development and supply chain units, days after flagging …
Goldman Sachs bolsters asset management unit with new adviser
(Reuters) – Goldman Sachs Group Inc’s asset management arm has hired Elizabeth Burton to advise its institutional clients, according to an internal memo seen by …
Tattle Named a PAR Technology’s Punchh Preferred CX and Feedback Management Partner
Customer Experience Improvement (CXI) Leader Continues to Partner With Leading Category Players to Drive Restaurant Growth New York, NY (PRESS RELEASE) Tattle, the hospitality industry’s …
BNP Paribas Asset Management names Mike Nikou as APAC CEO
HONG KONG (Reuters) – BNP Paribas Asset Management appointed Mike Nikou as its chief executive officer and head of distribution of the Asia-Pacific region on …
Maryland Department of Emergency Management Reminds of National Preparedness Month
by MDOEM REISTERSTOWN, Md. (August 29, 2022) — September is National and Maryland Preparedness Month, and the Maryland Department of Emergency Management (MDEM) asks all Marylanders …
Mac’s Hospitality Chooses BeerBoard Technology for More Efficient Alcohol Management and Improved Revenue
Regional hospitality group partners with leader in technology for complete alcohol management to take business to new heights Syracuse, NY (PRESS RELEASE) BeerBoard, the leader …