archiveDe Facto Director Insider

The Financial Industry Regulatory Authority (FINRA) has issued fines against Investment Network, Inc. (INI) and its CEO, Gary L. Arnold, following findings of misconduct related to the sale of private placement offerings of pre-initial public offering (pre-IPO) funds to retail customers. These violations occurred between October 2020 and May 2021....

Morgan Stanley CEO Ted Pick expressed on Wednesday that he anticipates a rise in initial public offerings (IPOs) from major private companies aiming to expand and enhance their compensation strategies. During a conference call, a transcript of which was provided by AlphaSense, Pick shared his views on the future of...

The business landscape is grappling with specific and complex challenges in the fields of business consulting and global investment advisory. Entrepreneurs today are navigating increasingly intricate regulatory environments, international tax structures, and migration policies, all while seeking opportunities to expand and diversify across borders. The demand for expert guidance to...

The Group CEO of Saudi Arabia's Diriyah Company, Jerry Inzerillo, expressed his optimism about the growing investment opportunities for Chinese companies, noting that the relationship between Saudi Arabia and China has reached unprecedented levels of cooperation. He remarked that there has never been a better time in the two nations'...

Elon Musk is projected to become the world's first trillionaire by 2027, largely driven by the remarkable rise in Tesla’s stock value. His net worth, estimated at around $265 billion as of last month, continues to climb, reflecting the stock market’s influence on his wealth. This trend has brought wealth...

CEOs are still struggling to move the needle on employee wellbeing. Deloitte reports that while 90% of C-suite executives believe they promote workplace wellbeing, only 60% of employees agree. More worryingly, overall employee wellbeing declined in 2023, with 41% of global workers still experiencing daily stress, according to Gallup’s State...

“In the past, jobs were about muscles, now they’re about brains, but in the future they’ll be about the heart.” —Minouche Shafik, former London School of Economics director Traditional attitudes toward business tell us work should be tough and transactional. However, modern research suggests employees can’t perform at their best when...

DBS Hong Kong has announced the appointment of Kuok Khoon Hua to its board of directors, effective immediately. Kuok, the son of Malaysia’s wealthiest individual, Robert Kuok, takes on this role while maintaining his prominent leadership in several major companies. Currently, Kuok serves as chairman and CEO of Kerry Properties,...

NVIDIA CEO Jensen Huang has seen his personal fortune soar to extraordinary heights, now surpassing the total market capitalization of Intel. Huang’s net worth has reached an impressive $109.2 billion, eclipsing Intel’s market cap of approximately $96 billion. Intel, meanwhile, is navigating one of its most challenging financial periods in...

Lena Esmail is the founder and CEO of QuickMed, a pioneering healthcare organization dedicated to improving access to medical services in underserved and rural communities. With a background in nursing and healthcare management, Lena established QuickMed in 2018 in her hometown of Youngstown, Ohio, where she identified significant gaps in...