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, the Swiss bank’s chief executive …
Management
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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 of the year to pursue …
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(Reuters) – Alibaba Group said on Tuesday its CEO and chairman Daniel Zhang will step down from those roles to focus on its cloud division as the Chinese e-commerce giant …
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NEW YORK (Reuters) – Morgan Stanley CEO James Gorman said the bank could look for more deals in asset management. “I could see us doing deals in asset management and …
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By David Randall NEW YORK (Reuters) – Prominent hedge funds including Arrowstreet Capital LLC, D1 Capital Partners and Coatue Management LLC were among the investors that bought shares of Meta …
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By David Randall NEW YORK (Reuters) – Soros Fund Management, the family office of billionaire George Soros, slashed its stakes in electric vehicle makers Tesla Inc and Rivian Automotive in …
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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 new multiple-award Blanket Purchase Agreements …
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(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 for risk management, the Federal …
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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 to a global banking sector …
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HONG KONG (Reuters) – Japanese investment bank Nomura Holdings Inc on Monday said it has appointed Dr. Rudolf Hitsch as head of North Asia for its international wealth management business. …
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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 and fintechs, along with improved …
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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 the world’s second-largest economy. AllianzGI …
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(Reuters) – Bank of America Corp is redeploying employees in wealth management and lending to other roles within the company, a source familiar with the matter said on Friday, as …
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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 centre, experts warn, calling into …
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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 Management Plan for 2022 to …
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Apple to shake up international businesses’ management to focus on India – Bloomberg News
by Reuters(Reuters) – Apple Inc is reshuffling management of its international businesses to put a bigger focus on India, Bloomberg News reported on Wednesday citing people with knowledge of the matter. …
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By Lananh Nguyen and Nupur Anand NEW YORK (Reuters) – Bank of America Corp promoted Lindsay Hans to lead its Merrill Private Wealth Management, international and institutional groups, the company …
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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 risk management, in a step …
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(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 its wealth management business last …
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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 Janet Yellen told congressional leaders. …
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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 Co, posted a return of …
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(Reuters) – Southwest Airlines Co said on Monday it made leadership changes across several departments in a bid to strengthen operations amid a recent technology meltdown that forced the carrier …
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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
by DOJ PressGreenbelt, Maryland – U.S. District Judge Theodore D. Chuang sentenced Arley Ray Johnson, age 63, of Bowie, Maryland, yesterday to 78 months in federal prison, followed by three years of …
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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 with knowledge of the matter …
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By Andres Gonzalez LONDON (Reuters) – A group of five banks including JPMorgan, Citi and BNP Paribas are among the investors who backed an overall $24 million fundraising for risk …