Visa Finance Chief Vasant Prabhu to Depart in September
Visa Inc.
said its chief financial officer,
Vasant Prabhu,
is stepping down as the payments giant works to continue growing certain merchant services and…
Browsing Tag
Banking/Credit
Crypto Brands Reposition Themselves in Wake of FTX and Market Tumble
Roughly one year ago, a handful of crypto heavyweights made swaggering debuts on the Super Bowl ad roster, airing costly commercials with messages like “Don’t miss out” (FTX) and “Fortune favors the brave” (Crypto.com). Then came the swoon…
IT Job Market Shrinks for First Time in Over Two Years
The job market for information-technology professionals shrank in January for the first time in over two years, a sign that IT staffers are facing the same scrutiny as workers in other positions and sectors as companies slow spending. The…
Crypto Platform Bitzlato Charged With Laundering More Than $700 Million of Illicit Money
Photo:
Dado Ruvic/REUTERS…
Sam Bankman-Fried Says Law Firm Worked Closely With FTX Before Bankruptcy
Sam Bankman-Fried
said cryptocurrency exchange FTX had a closer relationship than previously disclosed with its bankruptcy law firm Sullivan & Cromwell LLP, adding to questions…
IRS Sees Crypto Companies as Potential Crime-Fighting Partners
“Cryptocurrency is here to stay,” a top Internal Revenue Service law enforcer said, and the tax-collection agency wants to partner with the industry to fight financial crime. The IRS Criminal Investigation division is bringing on hundreds…
So You Worked for FTX. Now What? Advice From Recruiters and Employers
Former employees of FTX and other failed crypto firms will likely face extra scrutiny in their job hunt. But recruiters and hiring managers say they can move on if they are transparent about their past employment. “First step is to own it,…
U.S. Accounting Rule Maker Looks to Advance Projects on Tax, Crypto and Expenses in 2023
The Financial Accounting Standards Board in 2023 wants to get closer to finalizing key rules, ranging from companies sharing more details on cryptocurrency holdings to breaking out certain expenses on income statements. The upshot: A wave…
Tech Spending Pressures Fuel Demand for Specialized Industry Clouds
Corporate technology leaders looking to cut costs are turning to industry-specific cloud platforms, which are outfitted with tailor-made capabilities for running hospitals, banks, stores or other businesses.Chad Brisendine, vice president…
Sam Bankman-Fried Chucks the Crisis Communications Playbook
Sam Bankman-Fried
sat for news interviews this week about the collapse of FTX, the cryptocurrency exchange he co-founded and once ran, even as investigators dug in and its new leaders scoured the globe for…