The board of directors of the Federal Reserve Bank of New York has appointed Naureen Hassan first vice president and chief operating officer, effective March 15, 2021. The appointment was approved by the Board of Governors of the Federal Reserve System. As first vice president, Ms. Hassan will be the New York Fed’s second ranking […]
Tag: New York
TCG Lifesciences Pvt. Ltd., a company controlled by New York-based The Chatterjee Group, has announced that the expansion of its operations in the USA with the establishment of TCG GreenChem Inc., a subsidiary of TCG Lifesciences Pvt. Ltd, to provide CDMO services to global clients. TCG GreenChem, Inc., offers CMC development services including process research & […]
Facebook announced they were acquiring Kustomer, a startup company that specialises in customer-service platforms. The deal was for just over $1 billion according to a report of The Wall Street Journal Brad Birnbaum, CEO, Kustomer, said – “Throughout the last five years, we have had the opportunity to power the customer experiences of many of […]
Synechron, New York-based Digital Transformation consulting firm for the financial services industry announced the acquisition of Citihub Digital, a technology consulting firm. With Citihub Digital’s focus on application modernization, cloud enablement, cyber security and operating model transformation, Synechron will expand its existing capabilities and strength in various areas across the Digital Enterprise. Faisal Husain, Co-founder […]
E-commerce giant Amazon Inc recently announced that it has extended its work-home-home advisory to include employees in New York and New Jersey. The move is aimed at lowering the risk of coronavirus transmission among the employees. In an official statement, the company said, “We continue to work closely with public and private medical experts to […]
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Q&A-based startup Quora announces layoffs
Decade-old question and answer based startup Quora, has recently announced that it will be laying off staff from its Bay Area and New York offices. The announcement was made by the company CEO on the website. In the statement, Chief Executive Officer Adam D’Angelo wrote that the layoffs and “organizational changes” were being pursued in […]
Citigroup Inc. is planning to hire 2500 IT professionals this year to augment up its team of traders and investment bankers, coders and data scientists in an attempt to technologically reshape the business. As per a Bloomberg report, the new roles will be for locations across the globe like London, New York, Shanghai, Toronto, Dublin, […]
The Conference Board Employment Trends Index™ (ETI) increased in August, after increasing in July. The index now stands at 110.88, up from 109.58 (a downward revision) in July. The change represents a 6.9 percent gain in the ETI compared to a year ago. “The Employment Trends Index continues to accelerate, with this month’s year-over-year increase […]