Goldman CEO Blankfein says report of stepping-down not from him
Businessam Staff
March 10, 2018
Lloyd Blankfein, Goldman Sachs Group Inc. chief executive officer, pushed back Friday against a Wall Street Journal article that said he is planning to step down as soon as the end of this year. Blankfein said in a post on Twitter, “I feel like Huck Finn listening to his own eulogy,” The Journal, citing people […]
Goldman CEO Blankfein to step down at end of 2018- report
Businessam StaffMarch 9, 2018
Lloyd Blankfein, Goldman Sachs Group Inc. chief executive officer plans to step down as soon as the end of this year, the Wall Street Journal reported. The investment bank intends to replace Blankfein, 63, with one of its two co-presidents, David Solomon or Harvey Schwartz, the newspaper said Friday, citing people familiar with the matter […]
Mark Zuckerberg loses US$3bn as markets bruise world’s richest
Businessam StaffMarch 3, 2018
It’s been an expensive week for the world’s richest people. Mark Zuckerberg is nursing the biggest fall after losing US$3.2 billion as large cap stocks disappointed for a fourth straight day. Losses for the Facebook CEO topped those of Spain’s Amancio Ortega and Mexico’s Carlos Slim, who were both down US$2.4 billion as of 1pm […]
FirstBank CEO, Adesola named African Banker of the year
Businessam StaffFebruary 28, 2018
Adesola Adeduntan, the managing director/CEO of First Bank of Nigeria Ltd. and subsidiaries, has been named the African Banker of the Year in the African Leadership Magazine Persons of the Year Award which took place in Johannesburg, South Africa on Saturday, February 24, 2018. He was also inducted into the African Leadership CEOs Hall of […]
Warren Buffett hungry for deals
Businessam StaffFebruary 26, 2018
Warren Buffett’s Berkshire Hathaway has $116 billion in cash, and the oracle of Omaha told shareholders in his latest annual letter that he is itching to make “one or more huge acquisitions.” So what could Berkshire buy? How about an airline? Buffett said in an interview with CNBC Monday morning that he “wouldn’t rule out […]
Mapping the world’s wealthiest cities
Businessam StaffFebruary 20, 2018
Which cities are the world’s economic powerhouses, and what portion of global wealth is located in these key urban centers? Today’s chart pulls information from the latest report from market research firm New World Wealth, which Visual Capitalist’s Jeff Desjardins previously cited weeks ago when the shift in global wealth over the last decade was visualized. The world’s wealthiest cities […]
Wolfgang Goetsch, Julius Berger CEO, wins NIOB excellence award
Businessam StaffFebruary 14, 2018
Wolfgang Goetsch, the managing director and chief executive officer of Julius Berger Nigeria plc., the country’s biggest and most successful construction company, has won the highly rated award for professional excellence by the Nigerian Institute of Building (NIOB). At the International Conference Centre in Abuja, Friday, he was conferred with the award at a ceremony […]
Why are rich Indians moving out of the country?
Businessam StaffFebruary 10, 2018
In the past three years, 17,000 rich people (dollar millionaires, those who have more than 6.5 crore in wealth) have left India. South Africa-based market research agency New World Wealth publishes an annual report, according to which 7,000 super-rich people in 2017, 6,000 in 2016, and 4,000 in 2015 left India and established domicile abroad. […]
Should you worry about getting sick from plane flight? Maybe
Businessam StaffFebruary 6, 2018
Is there anything air travelers despise more than a flight delay? Perhaps sitting in a dirty airplane or next to someone who is coughing, sneezing or worse. Flight attendants and passengers have experienced (and often documented) all kinds of affronts to personal health and hygiene in the tight quarters of an airline cabin — from […]
Coronation Capital chairman, Aig-Imoukhuede, gets honorary doctorate from OOU
Businessam StaffFebruary 5, 2018
Aigboje Aig-Imoukhuede, the investment banker and chairman of Coronation Capital Limited, has been awarded an honorary doctorate degree by the Olabisi Onabanjo University. He was conferred with the degree at Ago-Iwoye, Ogun State recently, according to a statement issued by Reputation Plus, a reputation management company. The university conferred the award on him, according to […]