Francesca Carlesi takes over as Revolut UK CEO

Francesca Carlesi, a seasoned financial professional with a PhD in banking and finance, has assumed the role of CEO for Revolut’s UK division. Revolut, recognised as the UK’s most valuable start-up with

GCC BDI strikes deal to help board directors

The GCC Board Directors Institute (GCC BDI), a not-for-profit organisation dedicated to supporting board directors, has entered into a three-year partnership agreement with Nesma and Partners Contracting Company Ltd. (N&P), a prominent

Tax evasion by big firms creates $1trn problem

Tax evasion by multinational corporations has become a contentious issue of global concern. In 2022, a substantial $1 trillion in profits was reportedly stashed in tax havens by major companies, comprising around

Wells Fargo announces new appointments

Wells Fargo & Co. has unveiled a series of strategic appointments aimed at enhancing its investment banking sector. These moves are part of the San Francisco-based lender’s broader strategy to solidify its

BlackBerry CEO announces retirement

John Chen, CEO of BlackBerry, is set to retire at the end of the week, concluding his decade-long tenure at the helm of the Canadian technology company. During his leadership, Chen oversaw

HSBC unveils buyback plans

HSBC Holdings Plc has recently announced a new share buyback program and hinted at the potential for additional returns to investors, despite its third-quarter profits falling below market expectations. The London-based bank

Web Summit appoints new CEO

Katherine Maher, the former executive director of the Wikimedia Foundation, has been announced as the new executive president of the Web Summit. The Web Summit is a prominent technology conference that connects

Morgan Stanley announces Ted Pick as CEO

Ted Pick, a banking veteran and co-president of Morgan Stanley, will become the next CEO of the bank effective January 1. He will succeed long-time CEO James Gorman, who announced his plans to

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