Barclays is shrinking its U.S. consumer banking division as it looks to lower costs. “We recently streamlined and simplified our U.S. Consumer Bank operating model, which has regrettably resulted in a limited number of roles being made redundant,” a spokesperson for the British banking giant...
Goldman Sachs is appointing David Kamo as its global head of financial sponsor mergers and acquisitions (M&A). Kamo’s new role will involve leading the bank’s efforts in working with clients such as private equity firms and alternative asset managers, Reuters reported on Tuesday (Oct. 24). He will facilitate transactions involving...
Brookfield has hired Worldpay’s former CEO to oversee its push into the financial infrastructure space. Sir Ron Kalifa, who spent more than a decade leading Worldpay and is now chair of Network International, is joining Brookfield as a vice-chair and head of its financial infrastructure...
The number of CEO changes at U.S. companies reached its highest quarterly total on record in the third quarter. The third quarter of 2023 witnessed 518 CEO departures, global outplacement and career transitioning firm Challenger, Gray & Christmas said in a Thursday (Oct. 19) press...
Payments platform Thredd has named Visa and i2C veteran Jim McCarthy as its CEO. McCarthy, who joined the London-based company earlier this year, will replace Kevin Schultz, who is set to retire later this year, Thredd said in a Thursday (Oct. 19) news release. “Jim...
Costco Wholesale has announced that CEO Craig Jelinek will be stepping down on Jan. 1, 2024, after more than a decade at the helm of the company, the company reported in a press release Wednesday (Oct. 18). Jelinek will be succeeded by Ron Vachris, who...
Stéphanie Cabossioras has resigned as the managing director of Binance’s French unit, the latest in a line of leaders to depart the cryptocurrency exchange. Cabossioras, who joined Binance in April of last year, initially served as the head of legal in the region before becoming...
FinTech Plaid has appointed its first chief financial officer (CFO), a step toward a potential initial public offering (IPO). Eric Hart, the former CFO of Expedia, has joined the 10-year-old startup, marking a milestone following its failed sale to Visa two years ago, the Financial Times...
Tupperware has replaced its CEO following months of struggle for the iconic container brand. Laurie Ann Goldman, former CEO for companies such as Spanx and Avon North America, was appointed Tupperware’s new CEO Tuesday (Oct. 17), the company said in a news release. She replaces...
