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Abstract:Executive moves that dominated the week's news.
Now halfway through the month of November, we are witnessing the effects upon the crypto industry from the collapse of FTX. However, the hiring in the forex, crypto and fintech industry still continues nonetheless. Lets review the executives that have taken on new roles and challenges in our executive moves roundup of the week.
Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.
Visa (NYSE: V) has named Ryan McInerney as the new Chief Executive Officer, replacing Alfred Kelly, effective from 1 February 2023. Kelly, now also the company's Chairman, will become the Executive Chairman of Visa.
The appointment for the apex management role came with an internal promotion as McInerney will be elevated from his current position of President. He joined Visa in 2013 and is responsible for overseeing its financial institutions, acquirers, merchants and partners.
Damian McDowell has stepped down from the role of Chief Executive Officer at Union Standard International Group Limited (previously known as USGFX).
According to a Companies House filing, McDowells appointment as a Director of the United Kingdom-based company ended on Wednesday. It means he will no longer remain in the apex management role of the company.
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A private contractor in Malaysia faced a devastating loss of over RM5.9 million after falling victim to a fraudulent investment scheme promoted on Facebook. Tempted by the scheme’s impressive claims and credentials, the victim began investing in September 2024. The investment process required him to download an application called A-Trade, which was readily available on the Apple Store.
Gold Continues to Rise, can the Bulls Keep Going? Recently, gold prices have been on the rise, especially following the release of the non-farm payrolls data, as demand for gold as a safe-haven asset continues to increase.
Bitcoin experienced a transformative year in 2024, with its value surpassing $100,000 and attracting attention from institutional investors, retail traders, and governments alike. This growth was driven by milestones such as the approval of spot bitcoin ETFs and increasing adoption by major financial institutions. As 2025 begins, bitcoin’s position as a cornerstone of the digital financial ecosystem is stronger than ever.
The Bureau of Immigration apprehended a Japanese scam leader in Manila for targeting elderly victims in Japan, with plans to investigate possible local operations.