Shark Tank‘s Kevin O’Leary has made a career of calling out businesses on their weaknesses, and now bosses at the collapsed Silicon Valley Bank have, unsurprisingly, caught the self-procla...
Tag: Management
Gap Sales Fall And Loses Mount, Driving Management Changes
LONDON, ENGLAND – (Photo by Ben Pruchnie/Getty Images) Getty Images Weak fourth quarter performance at GapGPS reflects the continuation of general softness and poor merchandising planning that h...
Blockchain.com Decides to Shut Down London-based Crypto Asset Management Wing
Citing the strong deterioration in the macroeconomic data, Blockchain.com decided to shutdown BACM that served institutional players. The crypto market turmoil and liquidity issues have been impacting...
Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil – Bitcoin News
According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson ...
SoFi CEO Noto makes ‘opportunistic’ million-dollar stock purchase as SVB crisis fuels selloff
As SoFi Technologies Inc. shares fell Friday amid the fallout over Silicon Valley Bank’s collapse, the financial-technology company’s chief executive bought up stock. SoFi Chief Executive Anthony Noto...
Blockchain.Com Quits Asset Management After Less Than a Year: Report
Blockchain.com started out as the first Bitcoin blockchain explorer back in 2011 and later expanded into wallet services, as well as hosting its own crypto exchange. Following years of growth, the com...
Blockchain.com closes its asset management arm
Blockchain.com, a crypto services company, is suspending operations of its asset management subsidiary. The service had been operational for less than a year and appeared to be the latest casualty of ...
Blockchain.com Sunsets Its Asset Management Arm
Blockchain.com has decided to sunset its 11-month-old asset management arm, another victim of crypto winter. According to a filing, Blockchain.com Asset Management (BCAM) has voluntarily applied to st...
Blockchain.com Shutters Crypto Asset Management Arm Less Than 1 Year After It Launched
Blockchain.com has announced the suspension of its asset management arm due to the prolonged crypto winter, as reported by Bloomberg. The company cites the challenging market conditions as the reason ...
Blockchain.com to wind down its asset management arm
Blockchain.com is winding down its asset management arm, which launched last April. The crypto startup has applied to strike the asset management subsidiary off the UK register and dissolve the ...
Blockchain.com suspends its asset management subsidiary launched in April: Report
Cryptocurrency financial services company Blockchain.com will suspend operations of its asset management subsidiary, according to a Bloomberg report published March 9. The service had existed less tha...
Blockchain.com to shutter asset management division
Ad Blockchain.com will discontinue its recently-opened asset management arm, Bloomberg News reported March 9. Through that division, the company offered an investment vehicle that tracked the price of...
5 Tips For Growing Into Management And Leading A Successful Team
MADRID, SPAIN – MARCH 08: A demonstrator chants over a megaphone during a one day strike to defend … [+] women’s rights on International Women’s Day in Madrid, on March 8, 2018...
Alameda seeks to ‘maximize recoveries’ in suing Grayscale over devalued BTC trust; alleges ‘exorbitant’ management fees
Ad FTX said that its affiliate Alameda Research has sued Grayscale, as indicated in a press release published by the former company on March 6. Alameda challenges fees, locked redemptions In its press...
Coinbase Purchases One River Digital Asset Management
Coinbase acquired One River Digital Asset Management (an investment manager that provides institutional clients with exposure to cryptocurrencies) without disclosing the terms and the sum of the agree...
AMC Stock Falls After CEO Warns Company Could Be Forced to Sell More ‘APEs’
AMC Entertainment stock closed down sharply Wednesday in the wake of comments from the CEO that the firm may be forced to sell more stock for less money if shareholders don’t approve measures that all...
Web3 Foundation Appoints Chief Financial Officer to Strengthen the Executive Management
Thomas Fecker Boxler joins Web3 Foundation from Serpentine Venture AG ZUG, Switzerland–(BUSINESS WIRE)–#cfo–Today, Web3 Foundation, whose flagship project is the Polkadot blockchain protocol, announce...
Hashnote, Institutional DeFi Asset Management Platform, Launches After $5mn Incubation From Cumberland Labs
Hashnote is the first incubated company launched by Cumberland Labs, a Web3 incubator backed by partners of DRW and Cumberland CHICAGO–(BUSINESS WIRE)–Founder and CEO Leo Mizuhara and Cumberland Labs ...
Goldman CEO David Solomon says asset management is the new growth engine
Goldman Sachs CEO David Solomon said Tuesday that asset management and wealth management would be the growth engine for the bank after his efforts in consumer finance went awry. “The real story ...
Goldman Sachs CEO sees growth opportunity in ‘asset management’
Goldman Sachs Group Inc (NYSE: GS) opened down today after CEO David Solomon confirmed that the Wall Street bank was considering “strategic alternatives” for its consumer businesses. CEO Solomon’s tak...
BitFlyer Co-founder Seeks Comeback To Resolve Management Issues
Yuzo Kano, a co-founder of the Japanese crypto exchange BitFlyer, has revealed plans to reinstate himself as CEO in the firm’s upcoming shareholders’ meeting by March. According to a Bloomberg report,...
Silicon Valley Bank CEO Greg Becker cashed out $2 million just before the collapse
The chief executive of Silicon Valley Bank SIVB, -60.41% cashed out stock and options for a $2.27 million net gain in the weeks before Friday’s collapse, public filings show. CEO Greg Becker exercised...