Month: August 2022

Governor Kathy Hochul today announced that the first quarterly update of the Fiscal Year 2023 Budget Financial Plan has been made. released. The high deposits and reserve fund balances expected from October 2021 will continue even in the face of the changing economic outlook, an example of the Hochul Administration’s continued fiscal discipline. “Like the rest of the country, New York State is facing major headwinds with a changing national economy, and our latest update to the Financial Plan in the approved budget reflects that.” Governor Hochul said. “While the Plan incorporates future budget gaps, our commitment to fiscal discipline…

Reaffirming its commitment to APAC, Broadridge opens a new office in singaporepaving the way for further growth in headcount, investment and solution offerings SINGAPORE, August 2, 2022 /PRNewswire/ — To strengthen and grow its best offering, Broadridge Financial Solutions, Inc. (NYSE: BR), a global leader in Fintech, is delighted to announce the opening of a new office in singapore for its APAC headquarters. Amid continued growth momentum and expanding opportunities to support financial services clients across the region, this investment reaffirms Broadridge’s deep commitment to the market. “To serve customers better asia on their digital transformation journeys and enable them…

When two of the best-known figures in American journalism announced in January that they were leaving their prestigious jobs to launch a new media company, the pair were met with curiosity and some skepticism. Justin Smith, the former Bloomberg media executive, and Ben Smith, the former New York Times media columnist, are betting on overcoming the obstacles that have stymied a group of new journalism companies launched over the past two decades Seven months later, the first outlines of the new company are beginning to emerge ahead of an October launch. After securing $25 million in funding from several wealthy…

Gemini Trust Co. and IRA Financial Trust Co. may force arbitration of claims filed by consumers who say the companies were negligent in securing their retirement accounts, leading to the theft of $36 million in cryptocurrency during a data breach on 2022, according to a federal judge. . Both IRA Financial, a South Dakota trust company that offers self-directed retirement accounts, and Gemini, a cryptocurrency exchange that partners with IRAs, blame the other company for the February breach, which also compromised names, Social Security numbers and financial accounts. of affected customers. Marshall Griffin, who claims he lost two Bitcoin… [ad_2]…

NEW YORK, August 1, 2022 /PRNewswire/ — Oppenheimer & Co . Inc. (“Oppenheimer”): wealth manager, investment bank and subsidiary of Oppenheimer Holdings (NYSE: OPY) – announced today Brad WatkinsCPA, has joined the company as effective CFO August 1, 2022. Mr. Watkins will be responsible for all aspects of Oppenheimer’s financial operations and will lead long-term budget planning and cost management to ensure alignment with Oppenheimer’s strategic growth plans. As a member of the Management Committee, Mr. Watkins will report to Albert G. LowenthalPresident and CEO. “Brad is an experienced leader with a strong background in the financial services industry,” commented…

SAN JOSE, California–(BUSINESS THREAD)–Rambus Inc. (NASDAQ: RMBS), a provider of industry-leading chips and silicon IP that makes data faster and more secure, today announced that it has named Mr. Desmond Lynch as Senior Vice President and Chief Financial Officer. Mr. Lynch will be responsible for the overall financial direction of the company and will report to President and CEO Luc Seraphin. “Des is a proven financial executive with extensive experience in the semiconductor industry and we are very pleased to have him on the management team,” said Luc Seraphin, CEO of Rambus. “Des’ deep understanding of Rambus and proven leadership…