March 27, 2023
World Bank Says Nations Must Adopt Policies to Boost Growth

Nations need to make changes to prevent an anticipated slump in global growth. So said the World Bank in a report released Monday (March 27) that found average global potential...

February 23, 2023
US Nominates Former Mastercard CEO To World Bank

The United States has nominated former Mastercard CEO Ajay Banga to lead the World Bank. President Joe Biden announced the nomination Thursday (Feb. 23), citing Banga’s experience in managing businesses, partnering with global leaders, mobilizing public-private resources,...

February 23, 2023
US Nominates Former Mastercard CEO Ajay Banga for World Bank

The United States has nominated former Mastercard CEO Ajay Banga to lead the World Bank. President Joe Biden announced the nomination Thursday (Feb. 23), citing Banga’s experience in managing businesses,...

December 02, 2021
Former Mastercard Boss Ajay Banga Leaving Board for General Atlantic

Ajay Banga, who stepped down as CEO of Mastercard on Jan. 1 and will exit his post as executive chairman of the board on Dec. 31, is joining General Atlantic...

September 21, 2021
Mastercard Executive Chairman Ajay Banga to Retire Dec 31

Mastercard announced that Executive Chairman Ajay Banga will retire on Dec. 31, 2021, with current Lead Independent Director Merit Janow filling in as non-executive independent chair of the board, effective...

February 03, 2021
Jeff Bezos Steps Away As The Amazon Effect Intensifies

Jeff Bezos is stepping away. After over two and a half decades at the helm of Amazon, Bezos will be handing off CEO responsibilities at the behemoth he built to...

December 03, 2020
Mastercard Promotes Vosburg To Chief Product Officer And Kirkpatrick To...

Mastercard made two major executive changes on Thursday (Dec. 3) that are effective as of Jan. 1. Craig Vosburg has been promoted to chief product officer and Linda Kirkpatrick will...

November 23, 2020
165 Execs Urge Peaceful Transition For ‘Healing Of Our Nation’

165 business leaders joined together on Monday (Nov. 23) to call for a peaceful presidential transition of powers, labeling it necessary for the “economic recovery and revitalization” of the U.S....

October 28, 2020
Payment Firms’ Stock Rout Hints At Consumer Spend Worries

The hopes may have been that consumer spending had been on the rebound, entrenched enough to stay positive, enough to save the holiday shopping season, and maybe beyond. The pandemic...