Banking and Finance

With more than 8,133 metric tons of gold, the United States has the largest gold reserves. The U.S. Treasury and Federal Reserve System manages reserves essential for promoting the U.S. economy and protecting the status of the U.S. dollar as a global reserve currency. The large quantity of gold held...

We examine the standings of some of the most influential currencies worldwide in 2023, focusing on the US dollar - the currency that has traditionally been a leader in international finance. The Resurgence of the US Dollar Throughout history, the US dollar has been the primary foreign currency for many...

A momentous turning point in the gaming industry: Microsoft has finalized its massive $68.7 billion purchase of video game publisher Activision Blizzard. This is the largest acquisition Microsoft has ever made in its 48-year existence. Activision's gaming franchises include Call of Duty, Crash Bandicoot, Diablo, Overwatch, StarCraft, Tony Hawk Pro Skater...

In an era where technology is reshaping our world, staying ahead requires more than just technological prowess. It demands a focus on enhancing uniquely human skills. I recently sat down with Paola Telfer, founder and CEO of Sens.ai, a brain training technology platform, to discuss how her company's technology, and...

Japan's Mitsubishi UFJ Financial Group saw a return of approximately double the amount of money when they injected $9 billion into Morgan Stanley during the global financial crisis — roughly twice the investment to MUFG's profits over the past decade. Since March 2014, Morgan Stanley has provided MUFG with over...

David Evans and Associates have appointed Aaron Fetzer as Chief Financial Officer and Vice President. Mr. Fetzer takes over from Marc McGarity, who will be actively involved during the transition period before retiring. Aaron Fetzer brings more than 25 years of experience in finance and accounting to the role. In...

Peterbilt Truck Parts & Equipment and Silver State International have announced the promotion of Anne Keele to the position of Chief Financial Officer. Keele brings a wealth of experience in overseeing accounting operations, inventory management, and truck sales. She has also played a key role in improving and developing business...

Reynolds Consumer Products Inc. (Nasdaq: REYN) has announced the appointment of Scott E. Huckins as the company's Chief Financial Officer, effective from November 13, 2023. Mr.Huckins will succeed Michael Graham, who will transition to an advisory role until his retirement in February 2024. To facilitate a smooth transition, Mr. Huckins...

Crest Nicholson Holdings PLC, a housebuilder based in Surrey, England, has appointed William Floydd as the Finance Director designate, effective from November 13. This follows the mid-July announcement that the current Finance Director, Duncan Cooper, will be leaving Crest Nicholson in January to take on the role of Chief Financial...

ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO), a designer and assembler of electric vehicles, has announced that its Chief Financial Officer, Mark Orsmond, will be succeeded immediately by Stephen Johnston. Orsmond's departure is a mutually agreed transition, allowing him to pursue other interests while leaving the company's financial reporting, cost controls, and...