Investing and Global Finance News

Category Archives: Company Focus

New York Tech Celebrated at Blockchain Weekend

On the weekend of November 7-10, New York City was busy with the inaugural BlockchainWeekend NYC 2019.

In partnership with the New York City Economic Development Corporation (NYCEDC), BlockchainWeekend highlighted projects from a variety of NY based companies, startups, and entrepreneurs. More than 50 events took place across all five boroughs, creating a networked platform for decentralized events. With workshops, panels, hackathons, and meetup sessions, there were plenty of opportunities to hear about what is new in NYC’s world of technology and innovation.

The weekend was launched with a reception hosted by Gemini, the biggest New York based crypto exchange, that opened its headquarters as part of the event.

Gemini’s Jeanine Hightower-Sellitto said,

“Blockchain Weekend celebrates so much of what we love about New York: the coming together of technology and the people and companies who build it. The implications of and potential for blockchain—and cryptocurrency—continue to grow and its foothold in the financial world demands that New York be a leader in its development and growth. Blockchain Weekend is an encouraging step in that direction, and we applaud the leadership of forward-looking companies like Gemini and other New York blockchain companies for being a part of it.”

Something New Brewing at Starbucks New York

The Starbucks coffee chain has announced plans to open the first Starbucks Pickup point in Penn Station. This coffee shop is being designed as a streamlined store experience for customers who order and pay with the Starbucks app. The process of ordering involves downloading the app, selecting Pickup-Penn Station as the location, and placing an order.… Continue Reading

Global Business City of the Year: Scottsdale, Arizona

The City of Scottsdale was recognized as the Global Business City of the Year at the 2019 Global Chamber “Grow Globally Fair.” Now in its 12th year, The Fair was founded to acknowledge and applaud businesses that are leading, exceling, and pushing the boundaries in international business. The Global Chamber is networked in 195 countries and more… Continue Reading

NYC Companies Merge to create Wall Street’s largest woman- and minority-owned firm

The merger of the Siebert Cisneros Shank & Co. and the Williams Capital Group investment banks are merging to form Wall Street’s largest woman- and minority-owned firm. The new entity will be led by Chief Executive Suzanne Shank, who is describing the move as a merger of equals. Shank is the only African-American woman to run a… Continue Reading

U.S. Companies Hiring More Experienced Finance Chiefs

Big companies are picking seasoned veterans for the most senior financial positions as they face challenges related to changing technologies, shifting consumer tastes, and economic outlooks. Corporate recruiters say the average age of CFOs has increased significantly this year: Finance chiefs at Fortune 500 and S&P 500 companies averaged 52.8 years in 2019. That’s five… Continue Reading

Woodline Partners

Woodline Partners has just started trading.  For 2019 to date, it is the largest hedge fund startup.  Debuting with $2billion in investor commitments, it is headed by Michael Rockefeller and Karl Kroeker, both former traders of Citadel. Ilana Weinstein, founder and CEO of IDW Group said that this amount is very “significant” for a startup… Continue Reading

STS Capital Partners

In 2013, a group of accomplished finance-industry executives joined together to create STS Capital Partners.  An M&A advisor, today the investment banking firm also counsels clients on divestitures and project financing, within a wide range of industries including: construction, manufacturing and distribution, pharmaceuticals, real estate and tourism. But it’s not just business with the firm. … Continue Reading

Recent Company Hires

Financial services firm HSBC and technology payment protocol and exchange network company Ripple Labs Inc. have made some new hires in their offices. Olivier Herregods is joining HSBC from Credit Suisse in the capacity of European head of rates trading.  In his new position he was be the principal of flow rates for Europe, the… Continue Reading