Visual content creators and entertainment and media investors were thrilled when Shutterstock New York Stock Exchange: SSTC and Getty Images New York Stock Exchange: TIDE announced their merger. The $3.7 billion deal will bring together two of the biggest names in stock photography, video and music, creating a giant strategically poised to dominate the booming … Read more
The concept of market relativity is more alive than ever in today’s economy, as gone are the days of individualistic price behavior across asset classes and even stocks. Thanks to advances in data delivery and technology, financial sector traders have found ways to connect the dots in virtually every market, and that’s the only thing … Read more
Being the first financial institution in Azerbaijan is not enough to stand out in a crowded market. Kapital Bank has also become more flexible in responding to the wishes and needs of clients. “It’s about being the first choice for our customers,” said Farid Huseynov, chairman and chief executive officer. “We earn their trust by … Read more
Starbucks’ new CEO is making big changes in hopes of winning back customers and perhaps getting them to spend some time in the cafe again. Brian Niccol, who joined Starbucks as chairman and CEO in September, has big plans for the coffee chain. He wants to get back to what he considers the basics: a … Read more
Call it “the CFO shuffle.” Top finance leaders are shifting from one company or position to another—or opting for retirement—at a faster rate. That’s according to the latest data from Russell Reynolds Associates, which specializes in executive searches. This year saw increased levels of turnover, with the proportion of outgoing finance chiefs reaching 8.9% globally … Read more