Meet BloombergGPT, a meticulously crafted 50-billion parameter language model, purpose-built from the ground up for the finance sector. This groundbreaking innovation promises to not only outperform its peers in financial natural language processing but also maintain its mettle in the broader domain
Wilko falls into administration as last-minute rescue talks fail. As the corporate world watches the saga unfold, the ultimate resolution will serve as a poignant reminder of the dynamic forces shaping the destiny of even the most venerable business institutions.
Payroll experts, Staffology have investigated the statistics of the coronavirus pandemic, discovering how the vaccine saved the UK’s job market. The Executive Magazine looks at how various lockdowns and restrictions impacted the number of coronavirus cases and people on payroll.
Following its valuation of $1.2bn, the Vienna-based fintech Bitpanda secures one of Europe’s largest Series B rounds. The Executive Magazine speaks to Co-Founder and CEO Eric Demuth
The Goldman Sachs Group, Inc. announced it has entered into an agreement to acquire United Capital Financial Partners, Inc. for USD $750m.
London-based Metro Bank has halted money lending on commercial property after law firms began investigations on an accounting error that forced the bank to raise £375m earlier this year. According to The Times, the retail bank, led by American Vernon Hill, made the decision to stop lending for commercial property development, and instead to place …
Metro Bank suspends commercial property lending following investigations launch Read More »
Kevin Martin, Asia Pacific Head of Retail Banking and Wealth Management for HSBC discusses the ‘significant opportunity in Singapore’ for building Asia wealth. HSBC’s retail wealth management segment in Singapore is expanding its team by 50 staff as part of a shift in its focus towards Asia’s affluent market, where a total of 300 jobs …
HSBC to add 50 retail wealth management jobs in Singapore to capture wealthy clients Read More »
World-renowned luxury goods group Moët Hennessy, the beer, wine, and spirits branch of LVMH, has entered into a definitive agreement to acquire Le Château du Galoupet, a French winery specialising in Provence rosé. In an announcement this week, the company announced the addition of the winery to its portfolio, with the transaction expected to be …
French luxury goods group LVMH acquires wine producer Le Château du Galoupet Read More »
Dubai-based luxury goods platform The Luxury Closet has announced it has raised £1.8m in funding in its latest funding round as it enters operations in Hong Kong following the purchase of Guitless.com. In a statement this week, the ecommerce company that sells used fashion items announced that the funding will boost its global expansion …
The Executive reports on what could be an exciting development in making the chartering of private flights easier and more accessible. Chartering private jets could soon become as simple as ordering an Uber as BlackBird, a start-up often dubbed as the ‘Uber for planes’ announced that it has secured $10m. The funding comes from venture …
Plane-hailing ‘Uber of the skies’ app raises $10m to make chartering private planes easy Read More »
