Plaid has named former Adyen executive Brian Dammeir to oversee its European operations. Speaking to CNBC Monday (Nov. 20), he said the thing that excited him most about joining the digital finance firm was “the opportunity around open finance.” “When we think about Europe, it’s about how can we be more...
The Federal Reserve Bank of Boston has announced the promotions of two FedNow® Service executives to senior leadership positions within the organization. Nick Stanescu has been named executive vice president and chief FedNow executive, while Daniel Anthony has been appointed as executive vice president and will continue to serve as FedNow Service’s...
PayPal has named three new executives as it divides its business into three new units. The payments giant on Wednesday (Nov. 15) announced the appointment of Isabel Cruz as chief people officer, Michelle Gill as executive vice president/general manager of its new small business and financial services group, and Diego Scotti as executive...
Snap, the social messaging company, reportedly conducted a small round of layoffs as part of a reorganization aimed at streamlining its operations. Nearly 20 employees holding product management titles were laid off, CNBC reported Wednesday (Nov. 8), citing a statement from Snap. The company said that these...
Tassat appointed its chief operating officer, Zain Saidin, as its new CEO. Saidin, who served as the company’s COO since February 2023, will now lead the technology company in its long-term growth strategy, Tassat said in a Wednesday (Nov. 8) press release. He succeeds Kevin...
Female-focused dating app Bumble has named a new chief executive officer. Lidiane Jones, currently the CEO of Slack, will take the job at Bumble at the start of next year, the company announced in a Monday (Nov. 6) press release. Jones will succeed Whitney Wolfe...
Citigroup is reportedly weighing wide-ranging job cuts as part of its CEO’s reorganization plans. Managers and consultants at work on “Project Bora Bora” — the in-house code for CEO Jane Fraser’s restructuring — have talked about cuts of at least 10% across a number of Citi’s...
Klarna has reached an accord with its union workers as it apparently prepares to go public. The two unions — Engineers of Sweden and Unionen — had been prepared to strike this week if an agreement with the buy now, pay later (BNPL) company was...
Revolut hired 15-year financial sector veteran Francesca Carlesi to lead its United Kingdom operation. Carlesi, whose appointment as U.K. CEO was announced Thursday (Nov. 2), comes to Revolut from Molo, a digital mortgage lender she founded. She also held senior roles at Deutsche Bank, Barclays,...
