Hunt

Exclusive: Goldman Sachs on the hunt for cheap crypto firms after FTX fiasco

Exclusive: Goldman Sachs on the hunt for cheap crypto firms after FTX fiasco

LONDON, Dec 6 (Reuters) – Goldman Sachs (GS.N) plans to spend tens of millions of dollars buying or investing in crypto companies after the FTX stock market crash hit valuations and chilled the market. interest of investors. The FTX implosion has increased the need for more trusted and regulated cryptocurrency players, and big banks see …

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Pipe founding team quits as hunt for 'veteran' CEO begins

Pipe founding team quits as hunt for ‘veteran’ CEO begins

The three co-founders of alternative finance start-up Pipe are stepping down as executives of the company in one of the most dramatic management shake-ups seen in the world of fintech startups in some time. Miami-based Pipe said today it was looking for a “veteran” CEO as Harry Hurst, who has been the face of the …

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Jeremy Hunt raises taxes and cuts spending to restore market confidence in UK

Jeremy Hunt raises taxes and cuts spending to restore market confidence in UK

UK economy in recession expected to contract in 2024 Nearly half of £55bn of belt-tightening due to tax hikes Budget watchdog sees 7% drop in living standards IFS think tank says most of the hit to come after 2024 The pound falls almost 1% against the dollar LONDON, Nov 17 (Reuters) – Britain’s Finance Minister …

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CBI urges Jeremy Hunt to ease immigration rules to ease UK staff shortages

Britain’s leading business lobby group has urged Jeremy Hunt to use this week’s autumn statement to shake up immigration rules to support businesses struggling with chronic staff shortages and a looming recession. The head of the Confederation of British Industry (CBI) said on Thursday urgent action was required from the Chancellor to support the economy, …

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