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CEO Insights

Bank of America CEO Says U.S. Banks Will Adopt Crypto for Payments if Regulations Permit

Bank of America CEO Brian Moynihan has stated that the U.S. banking industry is prepared to embrace cryptocurrencies for payment transactions—provided regulators give their approval. Speaking at the World Economic Forum in Davos, Switzerland, Moynihan indicated that if regulatory frameworks were established to legitimize crypto transactions, the banking system would...
CEO ExplainersCEO Perspectives

Techcombank Posts Strong 2024 Growth with Sharp Stock Increase, Eyes Expansion Amid Economic Uncertainty

Vietnam Technological and Commercial Joint Stock Bank (Techcombank) reported a net profit of nearly $851.96 million for the full year of 2024, marking a 19.56% increase from the $712.6 million recorded in 2023. According to its latest financial report, the bank achieved a pre-tax profit (PBT) of $1.09 billion, reflecting...
CEO Explainers

Ferenc Szarvas Appointed CEO of MAVIR

The Supervisory Board of MAVIR, Hungary’s electricity transmission system operator (TSO), has announced the appointment of Ferenc Szarvas as Chief Executive Officer, effective January 1, 2025. Alongside his new role, Szarvas has also been elected as a member of the Board of Directors. Ferenc Szarvas, an accomplished economist, brings extensive...
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