Banking and Finance

In 2023, Changpeng Zhao, the 46-year-old founder of Binance, faced multiple challenges. His company, the world's biggest crypto exchange, pleaded guilty to money laundering and US sanctions violations. As a result, he agreed to pay a $50 million fine and step down as Chief Executive Officer. Additionally, Binance will have...

As per a recent SEC Filing on December 26, 2023, Robert Hau, Chief Financial Officer at Fiserv Inc., sold 188,088 shares in the company. Fiserv Inc. operates globally, providing financial services technology to an array of clients. Over the past year, this insider has sold a total of 196,588 shares...

According to an SEC Filing on December 27, 2023, Kristopher Westbrooks, Executive Vice President and Chief Financial Officer at TimkenSteel Corp (NYSE: TMST), sold 15,949 shares of the company's stock. Over the past year, this insider has sold a total of 35,418 shares but has not engaged in any purchases...

Fobi AI Inc. (FOBI: TSXV) (FOBIF: OTCQB) has announced the resignation of Jason Tong, its Chief Financial Officer, who intends to pursue a new opportunity. Mr. Tong will remain engaged with the Company as a consultant until January 31, 2024, aiding in the finalization of the Company's audited annual financial...

Financial Partners Group (FPG) has appointed Dan Weinstein as its new Chief Financial Officer. Weinstein's proven track record in operations and management at various Fortune 100 companies underscores his commitment to delivering high-performance solutions, solidifying FPG's position as an industry frontrunner. Weinstein's career spanning over two decades, has encompassed diverse...

Eelko Brinkhoff will resign from his position as the Managing Director of Foreign Investments & International Trade at the Brabant Development Agency (BOM), effective February 1, 2024. Following this announcement, he will transition to assume the role of CEO at PhotonDelta, based in Eindhoven. This announcement follows a few months...

Fellaz has announced that Ricky Ow, a seasoned executive with extensive experience in entertainment and media, is set to take the reins as the new CEO. Simultaneously, Bobby Bhatia, formerly CEO, will transition to the board as President. Alongside these changes, Fellaz is also revamping its logo to mirror the...

Microtec, a pioneering scanning solution provider for the wood products industry, has announced the appointment of Ofer Heyman as its new Chief Executive Officer in Corvallis, Oregon. Frank Jöst, CEO of Microtec Group, stated, "We're happy that we convinced Ofer to come back to Corvallis and support us as we...

Steve Ballmer, the former CEO of Microsoft, is anticipated to receive $1 billion in passive income from the company in 2024. This substantial payout is a result of Ballmer's considerable ownership of Microsoft shares, prompting the company to increase dividends for its shareholders. Ballmer may encounter an approximate $200 million...

State Farm Mutual Automobile Insurance Company is set to welcome a new President as of the upcoming New Year. The Bloomington-headquartered company officially confirmed that Jon Farney, currently serving as the Senior Vice President, Treasurer, and Chief Financial Officer, will step into the role of President starting January 1. According...