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Added on the 17/05/2019 14:03:57 - Copyright : Wochit
Getty Images Storied Wall Street bank Goldman Sachs has been going through some massive changes under CEO David Solomon. It's taken big steps involving transparency and inclusion to change up its culture. It has seen a slew of partner departures — many in the securities division. And it's making big pushes into businesses like wealth management and transaction banking. The bank announced third-quarter earnings on Wednesday that trounced Wall Street's estimates and showed continued strength through the coronavirus pandemic. The latest on people moves, deals, wealth management Goldman Sachs' Joe Duran is planning to hire dozens of advisors for the firm's wealth business, and says it's getting a boost from companies pushing early retirements and layoffs Goldman Sachs just shook up its divisions to create a new consumer and wealth-management arm that will be run by Stephanie Cohen and Tucker York Read the full memo Goldman Sachs just sent announcing a leadership shakeup in its powerhouse M&A group A majority of Goldman Sachs' summer interns prefer Instagram to TikTok, believe remote work hurts relationships, and think Biden will be elected president in November Goldman Sachs, JPMorgan, and Citi are Wall Street's most active fintech investors.
Spinning giant SoulCycle filed for an IPO the same year Melanie Whelan took the helm. But just four years later, she resigned. Or, to be exact, was pushed out. According to Business Insider, Whelan's 2019 corporate demise stemmed from her trying to expense on a company credit card two Christian Dior bags, totaling $5,100. One was a purse for herself, and the other was a backpack for one of her 'favorites,' Patrick Ryan-Southern, the head of international markets. Staffers say Whelan was repeatedly asked to produce receipts for the purchase, which she tried to pass off as one big gift for Ryan-Southern. Accused by SoulCycle staffers of running a toxic, 'mean girls' culture, Whelan now runs an investment firm.
Mexico City, Feb 13 (EFE) .- Mexican president Andrés Manuel López Obrador said Thursday that he is confident that a former chief executive officer of the state oil company Petroleos Mexicanos (Pemex) who was detained in Malaga, south of Spain, will be extradited to Mexico. The ex CEO, Emilio Lozoya, is wanted in his homeland on corruption charges.IMAGES HAND OUT BY THE MEXICAN GOVERNMENT.SOUNDBITES BY PRESIDENT ANDRES MANUEL LOPEZ OBRADOR.
Mexico City, Feb 13 (EFE) .- Mexican president Andrés Manuel López Obrador said Thursday that he is confident that a former chief executive officer of the state oil company Petroleos Mexicanos (Pemex) who was detained in Malaga, south of Spain, will be extradited to Mexico. The ex CEO, Emilio Lozoya, is wanted in his homeland on corruption charges.IMAGES HAND OUT BY THE MEXICAN GOVERNMENT.SOUNDBITES BY PRESIDENT ANDRES MANUEL LOPEZ OBRADOR.TRANSLATION"I think so because the Attorney General's Office is doing its job very well. I remind you that it's an autonomous institution, here is no specific order, if we talk about an order then what we want is to uproot corruption in Mexico, and this is being done within a legal framework, it is an accusation made with evidence, that is why this detention in Spain took place, and the details are already known, the crimes for which he is accused, which has to do with the case of Odebretch and also with the purchase of fertilizer plants. That is what is being investigated and what led to his apprehension. There is a real state of law, it is no longer as it was before when we suffered from an unlawful state, now we can talk about a state of law, there is no protection for anyone, anyone who commits a crime is punished"
Aaron Traywick, a biohacker and CEO of Ascendance Biomedical, took to the stage at biohacking event BDYHAX to inject himself with a herpes vaccine developed by his company in front of a live audience in Austin, Texas on Monday. Traywick acted as a volunteer for the new vaccine, as he himself has herpes. Ascendance Biomedical seek to find willing participants to test experimental treatments that have not gone through the normal route of rigorous clinical trials.
Salesforce CEO Marc Benioff has called for Facebook to be regulated in a similar way to cigarettes due to social media's "addictive qualities".
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