Jes Staley, CEO of Barclays Justin Solomon | CNBC JPMorgan Chase sued its former investment banking chief Jes Staley over his ties to disgraced former financier Jeffrey Epstein, alleging that Staley i...
Tag: banker
Former Goldman Sachs Banker Identifies ‘Powerful’ Crypto Asset Sector That Investors Can’t Get Head Around
Former Goldman Sachs executive Raoul Pal says one crypto asset sector is stumping market participants but has the potential to yield big gains in the future. In a new video update, Pal tells his YouTu...
Prominent Chinese Investment Banker Bao Fan Goes Missing, Bank Says
Topline Bao Fan, chairman and CEO of Beijing-based China Renaissance Holdings, is missing, according to a Thursday filing, as the company says it has no additional information about Fan’s whereabouts,...
China’s Top Tech Banker Goes Missing, Unnerving Finance Industry
(Bloomberg) — The disappearance of high-profile banker Bao Fan is fueling speculation of a renewed clampdown on China’s finance industry. Most Read from Bloomberg Bao’s company China Renaissance...
Crypto Bank SEBA Hires Ex-JPMorgan Banker as Asia Pacific Head
A former JPMorgan banker will be heading SEBA Bank’s Asia Pacific market. The new CEO said SEBA is processing licenses in Singapore and Hong Kong. Alameda research has about a 1% stake in SEBA bank. S...
Investment Banker Declarant Files a reply to Ripple’s Opposition in SEC Lawsuit
The unnamed employee files a response to Ripple’s opposition. Investment Banker Declarant has filed a response to Ripple’s opposition to the motion to redact his personal information from the declarat...
El Salvador’s Exposure to Bitcoin Is Still “Minimal”, Asserts Regional Banker ⋆ ZyCrypto
Advertisement     Dante Mossi, the Chairman of the Central American Bank for Economic Integration (CABEI), has claimed that El Salvador’s exposure to cryptocurrencies ...
French central banker pushes mandatory crypto firm licensing for 2023
Bank of France Governor François Villeroy de Galhau is looking to tighten the country’s grip on companies providing crypto services this year — ahead of EU-wide regulation expected to roll out in 2024...
Former Chinese central banker says digital yuan ‘usage has been low’
A former official of the People’s Bank of China (PBOC), the country’s central bank, has expressed disappointment that China’s digital yuan is seeing little use. Xie Ping, a former PBOC research direct...
Taiwan Billionaire Family Banker Worried But Not Scared About Strained Ties With Mainland China
Union Bank of Taiwan is among the businesses led by the billionaire family of Lin Chang Su-O. Union Bank of Taiwan Though headquartered in one of the world’s busiest high-tech hubs, Taiwan’s largest f...
Central banker says crypto not suitable for retail investors
A senior official at the Monetary Authority of Singapore (MAS) asked crypto traders to “reduce” their “enthusiasm”, and stated that Singapore was not a place to speculate. Official angry at crypto spe...
Slow to Incorporate Crypto Regulations Could Fuel Arbitrage Risk: French Central Banker
Francois Villeroy de Galhau, the governor of the French Central Bank, has warned of the risks of arbitrage that may be fueled by uneven crypto regulations on the global scale. As reported by Reuters, ...
Accused ‘shadow banker’ Reggie Fowler seeks a 6-month sentencing delay
Reggie Fowler, a former NFL team owner and alleged “shadow banker” who might face up to 30 years of imprisonment, asked the court of the Southern District of New York for a six-month adjou...
Banker making $200,000 salary was ‘oversensitive’ when she sued her firm over boss asking her to babysit his kids, judge rules
A banker’s bid to sue her employer for almost $1 million for discrimination was dismissed this week when a judge ruled she had been “oversensitive” to comments from her boss. Zhuofang Wei’s lawsuit ag...
Morgan Stanley Banker Put on Leave as Block-Trade Probe Heats Up
(Bloomberg) — Another Morgan Stanley executive whose communications were sought in a US probe into how Wall Street handles big stock trades has been placed on leave, amid a flurry of behind-the-...
Former Goldman Sachs banker explains why Wall Street gets Bitcoin wrong
John Haar, a former asset manager at financial institution Goldman Sachs believes the lack of support from “legacy finance” for Bitcoin (BTC) stems from a poor understanding of the cryptocurrency. Ha...
South Korean Banker Allegedly Embezzles $1.1M to Invest in Bitcoin
An employee at the South Korean BNK Busan Bank allegedly embezzled 1.48 billion won ($1.1 million) of clients’ funds to invest in Bitcoin. Between June 9 and July 25, an employee working on the bank’s...
Fed can’t stop hiking interest rates even if there is a recession, former top central banker says
The Federal Reserve has to emulate Mario Draghi and do “whatever it takes” to bring inflation down and that means continuing to raise interest rates even if there is a recession, said former Richmond ...
CBDCs Are Natural Evolution Necessary to Protect Fiat Monetary System: Swedish Central Banker CBDCs an Evolution of Central Banks, Necessary to Protect Fiat Monetary System: Swedish Central Banker
CBDCs are an investment to protect the fiat-based monetary system. Cash is on its way out, and its share as a medium of payment will significantly reduce in the coming years. For central banks to stay...
Top GCC Banker Hussein Al Meeza Joins Islamic Coin Executive Board
Top financier and banker Hussein Al Meeza has joined Islamic Coin – the Shariah-compliant cryptocurrency launched in the UAE. Having been named Best Islamic Banking Personality in 2006, Mr. Al Meeza i...
Brazil’s central banker praises the merits of the country’s CBDC
A recently published paper by the Bank for International Settlements (BIS) quoted Fabio Araujo, an economist at the Central Bank of Brazil, who said that if the country’s central bank is created, it c...
Brazilian central banker describes how CBDC system can halt bank runs
In a paper recently published by the Bank for International Settlements (BIS), Fabio Araujo, an economist at the Central Bank of Brazil (CBB) who is also responsible for the country’s central bank dig...
Riot Blockchain Hires Nomura M&A Banker Jason Chung as Corporate Development Head
Riot Blockchain Inc, a Bitcoin infrastructure company based in Colorado, announced on Wednesday that it has hired investment banker Jason Chung from Nomura Holdings Inc as its head of corporate develo...
Cryptocurrency Can Potentially Complement Mobile Money Argues Kenyan Banker – Emerging Markets Bitcoin News
The CEO of one of Kenya’s biggest lenders has argued there is a possibility cryptocurrencies will complement mobile money in Africa but first, there is a need to convince regulators of their benefits....
Crypto Could Be Akin to Mobile Money With Regulator’s Go Ahead, Says Kenyan Banker
The chief executive of one of Kenya’s biggest lenders has said that crypto could become part of the mobile money ecosystem if the country’s watchdog decides to give it the green light. Equity Group Ho...
French central banker says the G7 plans to discuss crypto regulations
The Group of Seven (G7) will likely discuss crypto regulation in a finance meeting this week in Germany. Francois Villeroy de Galhau, the Head of the French Central Bank, added that what happened in t...
Meet The Former Investment Banker Living Her Dream Of Designing Fine Jewelry
Erin Flynn wears her Champagne Bubbles necklace and sits with her two boys. Erin Flynn Erin Flynn Fine Jewelry was an idea that began percolating more than 20 years ago as a side hustle. A story famil...
Alleged ‘Shadow Banker’ Reggie Fowler Pleads Guilty to Fraud in Crypto Capital Case
In brief Reggie Fowler was an operator of Crypto Capital. Crypto Capital helped get exchanges bank accounts, often through shell companies. Reginald Fowler, a former minority owner of the Minnesota Vi...
The Downfall of ‘Shadow Banker’ Reggie Fowler and Crypto’s Rising Legitimacy
Fowler’s downfall was nearly inevitable – not just because he was in bed with bad people, but because he himself seems short on both ethics and competence. For instance, Fowler is sometimes described ...
Former Goldman Banker Roger Ng Found Guilty Of Looting Billions From Malaysian State Fund
Topline Ex-Goldman Sachs director Roger Ng was convicted Friday on charges of money laundering and bribery for his role in the multi-billion-dollar looting of the Malaysian state fund 1MDB, one of the...
Scammers are out to get your mortgage money and even your home. Here’s how to fight them off.
We’ve all seen the email scams: “This is a genuie request.” “Your lendar has detected an unpaid sum.” “I’m a prince and I need your help.” Digital fraud has become highly sophisticated and, according ...