Jim Esposito, co-head of the global banking and markets division at Goldman Sachs, will retire from that role and become a senior director at the investment bank. Goldman Sachs CEO David Solomon announced Esposito’s decision Monday (Jan. 29) in a company memo seen by PYMNTS. “On a personal...
Salesforce is reportedly laying off 700 employees, or about 1% of its workforce. The cuts are being made across the company, The Wall Street Journal (WSJ) reported Friday (Jan. 26), citing an unnamed source. Salesforce did not immediately reply to PYMNTS’ request for comment. The...
JPMorgan Chase has made several changes to its leadership and organizational structure as it works to “position the firm for the future.” “The senior management changes and new alignments announced today will help the company serve clients even better as well as further develop the...
State Street Corp. has reportedly cut “a handful” of jobs as it reorganizes its digital assets division, State Street Digital. Most of the division’s employees have moved to other units of the company, Bloomberg Law reported Thursday (Jan. 18). State Street Digital had a staff of...
Boku promoted longtime executive Stuart Neal to head of the mobile payments company. Neal has been serving as Boku’s CEO designate since July of last year, when outgoing CEO John Prideaux announced his plans to retire, the London-based company said in a news release Thursday...
Hawk AI appointed HSBC veteran Michael Shearer as chief solution officer. Shearer spent much of his career at HSBC, including serving as the bank’s group head of compliance product management, Hawk AI said in a Tuesday (Jan. 16) press release. In that role, he helped...
Atos’ CEO resigned following a disagreement over governance of the French tech firm. Yves Bernaert is leaving the company after “an intense period of transformation for which the board is thankful,” the company announced in a Monday (Jan. 15) press release. Taking his place will...
Embedded lending platform Versatile Credit has named a new finance chief and new engineering head. Max Rieck, a veteran of companies such as Fiserv and Pineapple Payments, is joining Versatile as chief financial officer, the company announced Monday (Jan. 15). “His expertise in scaling financial operations and integrating strategic initiatives...
Instagram has reportedly told 60 technical program managers that they must find another job at the company or be let go in two months. The Meta-owned social networking app is eliminating a management layer as part of its parent company’s ongoing efforts to boost efficiency, Seeking Alpha reported Friday...
