Josh Sternberg has been hired by Morning Brew as executive editor for its business-to-business publications such as Retail Brew and Marketing Brew He was previously tech editor for Adweek for three years. Sternberg has...
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Bloomberg News has promoted Rick Green to senior editor in the new markets editing hub, which includes credit and equities and cross-assets. He will continue to work on projects with the distressed team. Green was previously...
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The Information CEO Jessica Lessin and senior editor Nick Wingfield sent out the following on Friday: Team, We’re excited to announce that Mathew Olson will be joining The Information’s team, starting Monday, to helm our soon-to-launch newsletter on...
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Fortune editor in chief Clifton Leaf sent out the following announcement on Thursday: Dear colleagues, It is my great pleasure to announce three well-deserved promotions at Fortune. As of today, Emma Hinchliffe, Lance Lambert, and Katherine...
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Financial news site Quartz has hired two new reporters — one to cover Asia and another for its Things team. Leslie Nguyen-Okwu is joining the Asia team as a reporter based in Taipei. Nguyen-Okwu...
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Marty Mosby, Vining Sparks director of bank advisory and strategic services, joins 'Squawk Box' to discuss if bank stocks should head higher and how investors should be positioned on the sector.
Chicago-based marketing and communications agency M. Harris & Co., the Chicago chapter of the National Association of Black Journalists, and the Chicago Headline Club are hosting a webinar next Wednesday titled “Life after Journalism.”...
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Somalia-based Sombank has selected a cloud-based deployment of the Temenos Islamic banking solution.
Founded in 2019, Sombank is a new bank in its home country
The bank plans to implement the full front-to-back Temenos platform, which combines Temenos Infinity and Temenos Transact.
Temenos claims its “scalable innovative technology” provides “superior features” for Islamic banks to offer their customers Shariah products.
Founded in April 2019, Sombank is a sister company of Tawakal Express, a Somalian international money transfer service.
Garad Khalif. Nor, CEO of Sombank, says his firm selected Temenos because of its “worldwide reputation” and “regional expertise in Africa”.
He adds: “While we are a relatively new bank, Sombank has big ambitions to play a significant role in rebuilding the country’s financial infrastructure”.
Nor says using the Temenos system allows the bank to “achieve rapid time to value”.
One of Sombank’s founding aims is to improve financial inclusion in Somalia, … Read the rest
Simon Hunt has been hired as a reporter at Bloomberg News, working on the wealth beat. Hunt will be covering news on executive compensation and the activities of high net worth individuals, as well...
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Holvi, the Finnish digital banking service for businesses owned by Banco Bilbao Vizcaya Argentaria (BBVA), has pulled out of the UK, Sifted reports.
The Finnish start-up has reasoned its departure is down to both COVID-19 and Brexit
Less than six months after its launch in the market, Holvi has followed in the footsteps of other fintech start-ups which have abandoned their UK expansion plans.
In February, German neobank N26 pulled out of the UK citing Brexit after struggling to drive customer numbers since 2018. Then in July, US trading app Robinhood scrapped its UK launch after putting off activating its trade licence which it secured back in August 2019.
The Finnish start-up has reasoned its departure is down to both COVID-19 and Brexit.
“Uncertainty is increasing to a point where we have to make an adult decision,” says Holvi’s CEO, Antti-Jussi Suominen. “In January we … Read the rest
