Jacqueline Reses, head of Square‘s Square Capital unit, is stepping down as of Oct. 30, according to a report from The Motley Fool. Square didn’t provide a reason for the departure in a brief statement, only saying that Reses “has worked at Square for five...
Longtime marketing executive Jonathan Mildenhall has taken the top marketing job at Dave Inc., a 3-year-old banking startup that focuses on customers who don’t have long histories interacting with financial institutions, The Wall Street Journal reported Thursday (Oct. 1). “This is building a product that literally...
Goldman Sachs plans to move forward with a “modest number of layoffs,” according to a company spokesperson on Wednesday (Sept. 30), meaning around 400 people, Reuters reported. That accounts for about 1 percent of the bank’s workforce, and the news comes months after the bank...
Disney announced that it is laying off 28,000 employees across its Parks, Experiences and Products unit, CNN reported, due to the economic effects of the pandemic. Josh D’Amaro, chairman of Disney Parks, said the pandemic had put the company in a “difficult” place and that...
The consumer banking chief who guided Goldman Sachs Group Inc.’s five-year effort to serve mainstream households, instead of focusing only on affluent families and giant companies, is planning to step aside. Bloomberg News reported that sources said Harit Talwar will remain as a Goldman partner...
The board of Miami-based NYMBUS, which offers a financial services platform, has announced that Jeffery Kendall, a banking tech veteran, will be the firm’s next CEO. He will succeed the company’s Founder Scott Killoh, who will continue to serve as executive chairman. Kendall is “an...
The Libra Association has named James Emmett as managing director of Libra Networks, the association’s operating company subsidiary. The association said in a news release that “Emmett is a highly experienced financial services leader with a wealth of global experience in business, strategy, technology and...
i2c Inc., the digital payment and open banking provider based in Redwood City, California, has hired Jonathan Vaux as general manager of its European operations, the company announced on Wednesday (Sept. 16). Vaux has more than two decades of experience in payments and product and service...
As a number of companies have provided workers with greater flexibility with the location and method of work, Stripe Inc. intends to provide a $20,000 bonus to workers who choose to leave San Francisco, Seattle or New York while reducing their base salaries by up...
