News list for " Financial Officer"

Denis Coleman, chief financial officer of Goldman Sachs, argued that the Federal Reserve's recent decision to cut interest rates by 50 basis points, a significant move that, while raising doubts among some market analysts about inflation and recession risks, still lays a good foundation for a soft economic landing. "This first 50 basis point cut is a clear sign of a new direction," he said. "I hope it boosts confidence, lowers the cost of capital and may boost strategic activity as we approach t...

2024-09-25 22:22:19

According to Amrita Ahuja, Block Inc.'s chief financial officer and chief operating officer, the company's investment in bitcoin allows the company to learn more about this potentially "transformative" technology. The company's bet on bitcoin is long-term. We are bullish on a future where money can flow as quickly as the internet, and bitcoin is the most likely contender to realize this vision because it is resilient,...

2024-06-28 13:06:40