Congressman Warren Davidson, Ohio’s 8th District in Congress, says he is introducing legislation to fire SEC Chairman Gary Gensler. An Executive Director role will replace the Securities and Exchange Commission (SEC) Chairman, and former chairs of the SEC will be ineligible, the Congressman said.
Mike Rothenberg, the venture capitalist once dubbed Silicon Valley's "party animal," faces trial again after a jury failed to reach a verdict last year...
The U.S. Office of the Comptroller of the Currency (OCC) has established a new office of fintech and appointed Prashant Bhardwaj to head the department as deputy comptroller and chief financial technology officer.
Sergio Ermotti is returning to the major Swiss bank UBS as Group CEO. The board of directors made this decision in light of the new challenges and priorities UBS must face following the acquisition of Credit Suisse, which UBS announced today.
The development of artificial intelligence is progressing more visibly than ever - thanks to ChatGPT. Industry insiders speak of "significant risks." In an open letter, they call for a six-month pause to establish rules and limits.
Before his return, Alibaba founder Jack Ma had been abroad for over a year. The billionaire's relationship with Chinese authorities is strained. Now, he has reappeared in China for the first time. The Hong Kong newspaper South China Morning Post, which he owns, reported that Ma visited a school in the eastern Chinese metropolis of Hangzhou on Monday.
Nouriel Roubini is CEO of Roubini Macro Associates, LLC, a global macroeconomic consulting firm in New York. He is also the chief economist of Atlas Capital Team LP and co-founder of Rosa & Roubini Associates. In 2006, Roubini warned of the coming recession due to the credit and housing market bubble. His predictions about these upside-down balances became a reality in 2008 when the bubble burst, leading to a global financial crisis that lasted well into the next decade.
Global payment services provider Ingenico appointed Laurent Blanchard (LinkedIn) as the new President and CEO. He has also become a member of the company's Supervisory Board and Board of Directors, effective April 3, 2023.
Italy's central bank chief Ignazio Visco criticizes interest rate comments by his colleagues on the ECB's possible further tightening course after March. He openly criticized his hawkish colleagues for making statements when officials had agreed not to give such guidance.
