The U.K. fintech heavyweight, Revolut, has announced the Italian Francesca Carlesi as the forthcoming CEO for its U.K. branch, while Nik Storonsky maintains his role as the CEO of the overall groups. Notably, Revolut is facing challenges in obtaining a U.K. banking license. With her impressive track record, Carlesi may be play a pivotal role in the fintech's ambitions to become a bank in the UK.
led that its German subsidiary, BitGo Europe GmbH, has been granted a digital assets custody license by the German Federal Financial Supervisory Authority (BaFin). Notably, since 2019, BitGo has been safeguarding crypto assets for its clientele, with the oversight of BaFin, under an interim arrangement.
Russian oligarch Alexey Kuzmichev has been detained in France following allegations related to tax evasion, money laundering, and the breach of international sanctions, as revealed by the French Financial Prosecutor's Office (PNF) on Tuesday. Police raided properties in both Saint-Tropez and Paris, which are linked to the tycoon, an ally of President Vladimir Putin, BBC reported.
As per a recent report by Bloomberg, Mark Mateschitz, the 31-year-old Austrian billionaire and inheritor of the Red Bull empire, has received a substantial shareholder payout of $615 million from Red Bull GmbH, the Austrian holding company overseeing the extensive network of Red Bull companies. This notable payment signifies his first since taking over the reins of the energy drink giant from his late father, Dietrich Mateschitz, last year.
Elon Musk experienced a substantial reduction in his net worth this week, plummeting to $193 billion, as reported by Bloomberg's Billionaire Index. This marks the first time since June that the CEO of Tesla has seen his net worth dip below the $200 billion threshold, primarily due to the disappointing quarterly earnings report from Tesla and the loss of value of X (formerly known as Twitter).
Matthew Perry, the beloved actor who brought Chandler Bing to life on the iconic sitcom "Friends," has passed away at the age of 54. Known for his sardonic wit and impeccable comedic timing, Perry's portrayal of Chandler resonated with a generation and continues to captivate newer audiences even decades after the show's debut in 1994.
Elon Musk, the CEO of Tesla and owner of the digital platform X, recently experienced a significant dip in his net worth by $30 billion. Tesla, the leading electric vehicle (EV) company, reported its most disappointing quarterly earnings per share in the last two years, which was 10% below the predicted negative forecasts by analysts. Consequently, Tesla's stock plummeted by over 17%, leading to a massive $138 billion loss in market capitalization within a span of two trading sessions.
In a recent revelation, Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), announced that the regulator reached an all-time high in the 2023 Fiscal Year with 18,000 whistleblower tips. This figure not only surpasses the previous fiscal year's record by a significant margin but also emphasizes the invaluable contribution of whistleblowers in ensuring transparency and accountability.
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