Banking and Finance

During the early phase of the pandemic, there was a significant increase in home sales across the United States. This surge in homeownership was the most substantial quarterly increase in homeownership rates since record-keeping began in the mid-1960s, with the rate rising from 65.3 percent to 67.9 percent between the...

When the world changed more slowly, when we had fewer unknown unknowns and less complexity, we thought we could have clear long-term strategies.  The leading strategic consulting firms capitalized on this and were able to sell, for millions, volumes of well-reasoned arguments about where the world was going and how...

The median listing price of a home increased from $403,333 in January 2023 to $420,000 in November 2023. However, this is still lower than the record high of $449,000 in June 2022. This is the slowest price growth since 2016, with an annual growth rate of 0.9 percent for the...

Claire’s, the teen fashion retailer, revealed the appointment of finance expert Chris Cramer as its Chief Financial Officer and Chief Operating Officer. Cramer's appointment follows the June announcement of Claudia Lima-Guinehut as Claire’s Chief Merchandising Officer, who had previously served in an executive role at Children’s Place. Cramer, who brings...

Nik Rizal Kamil Nik Ibrahim Kamil, currently serving as the chief financial officer (CFO) of RHB Bank Bhd, is set to resign from his position on December 31, 2023. According to a filing submitted to Bursa Malaysia, RHB Bank noted that Nik Rizal, aged 51, will step down upon the...

Gazelle Wind Power, a developer specializing in floating offshore wind platforms, has appointed Alvaro Ortega as its new Chief Financial Officer. Previously, Ortega held the role of Vice President of Finance at Avangrid, the US-based subsidiary of Iberdrola, a global energy leader. At Avangrid, Ortega oversaw investor relations and treasury...

Capgemini has announced the appointment of Nive Bhagat as Group Chief Financial Officer and a member of the Group Executive Board, effective January 1, 2024. Bhagat succeeds Carole Ferrand, who has served as CFO since 2018 and intends to explore other career opportunities. Ferrand will facilitate the transition and ensure...

Susan J. Young has been appointed as the Chief Financial Officer of Apollo Intelligence, a healthcare and life science insights firm. Young joins Apollo from PlayOn! Sports, a KKR-backed insight investor's portfolio company, where she served as CFO, contributing to the establishment of the finance organization, financial reporting, and M&A...

Aptitude Software Group PLC, specializing in subscription management and finance digitalization, has confirmed the appointment of Alex Curran as its permanent Chief Executive Officer, effective immediately. Curran, who initially joined the Board and assumed the role of acting CEO in July, has been officially designated as CEO. Curran, previously serving...

Vince Holding Corp. announced on Wednesday that John Szczepanski, a seasoned professional with a background at Ralph Lauren spanning 20 years in various finance leadership roles, will assume the position of Chief Financial Officer starting January 2. Szczepanski steps into the CFO role, taking over from interim CFO Michael Hand,...