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2021-07-27

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2021-07-27

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Credit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround

2021-07-27

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Credit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround

2021-07-27

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office Archegos, and as its asset management division scrambles to return some $10 billion of client investments linked to insolvent supply chain finance firm Greensill.</p>\n<p>Those scandals have prompted a swathe of sackings, executive changes and regulatory investigations, as well as a planned strategic overhaul which Horta-Osorio has said is to place risk and cultural change as a top priority.</p>\n<p>Former Chief Risk and Compliance Officer Lara Warner was <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the high-level casualties, replaced on an interim basis by Joachim Oechslin, who the bank said will resume his role as strategic advisor to the CEO.</p>\n<p>Wildermuth, a 24-year veteran of the U.S. financial giant, was appointed deputy chief risk officer at Goldman Sachs in 2015 and has been a partner since 2010.</p>\n<p>\"David joins with an impressive track record, underlining our firm commitment to further enhance our risk management across the bank,\" Credit Suisse CEO 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 14:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as its new chief risk officer, as it seeks to turn the corner on the Archegos and Greensill scandals that...</p>\n\n<a href=\"https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛"},"source_url":"https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2154996657","content_text":"ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as its new chief risk officer, as it seeks to turn the corner on the Archegos and Greensill scandals that have rocked Switzerland's second-biggest bank.\n\"I am delighted to welcome David to Credit Suisse, where he will help shape the Group's enhanced risk management framework, an essential part of the bank's strategic realignment currently underway,\" Chairman Antonio Horta-Osorio said in a statement.\nSwitzerland's second-biggest bank has cut risk after its prime brokerage business lost more than any other competitor from the collapse of family office Archegos, and as its asset management division scrambles to return some $10 billion of client investments linked to insolvent supply chain finance firm Greensill.\nThose scandals have prompted a swathe of sackings, executive changes and regulatory investigations, as well as a planned strategic overhaul which Horta-Osorio has said is to place risk and cultural change as a top priority.\nFormer Chief Risk and Compliance Officer Lara Warner was one of the high-level casualties, replaced on an interim basis by Joachim Oechslin, who the bank said will resume his role as strategic advisor to the CEO.\nWildermuth, a 24-year veteran of the U.S. financial giant, was appointed deputy chief risk officer at Goldman Sachs in 2015 and has been a partner since 2010.\n\"David joins with an impressive track record, underlining our firm commitment to further enhance our risk management across the bank,\" Credit Suisse CEO Thomas Gottstein said in the statement. \"He is the right person to lead and further strengthen our risk organization.\"\nWildermuth will assume the role on February 1, 2022 at the latest, the Swiss bank said. (Reporting by Brenna Hughes Neghaiwi, editing by Kirsti Knolle and Silke Koltrowitz)","news_type":1},"isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809677078,"gmtCreate":1627369733194,"gmtModify":1703488540043,"author":{"id":"3573335627743174","authorId":"3573335627743174","name":"Kimjonggreg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573335627743174","authorIdStr":"3573335627743174"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809677078","repostId":"2154996657","repostType":4,"repost":{"id":"2154996657","pubTimestamp":1627366688,"share":"https://ttm.financial/m/news/2154996657?lang=&edition=fundamental","pubTime":"2021-07-27 14:18","market":"us","language":"en","title":"Credit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround","url":"https://stock-news.laohu8.com/highlight/detail?id=2154996657","media":"Reuters","summary":"ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as it","content":"<p>ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as its new chief risk officer, as it seeks to turn the corner on the Archegos and Greensill scandals that have rocked Switzerland's second-biggest bank.</p>\n<p>\"I am delighted to welcome David to Credit Suisse, where he will help shape the Group's enhanced risk management framework, an essential part of the bank's strategic realignment currently underway,\" Chairman Antonio Horta-Osorio said in a statement.</p>\n<p>Switzerland's second-biggest bank has cut risk after its prime brokerage business lost more than any other competitor from the collapse of family office Archegos, and as its asset management division scrambles to return some $10 billion of client investments linked to insolvent supply chain finance firm Greensill.</p>\n<p>Those scandals have prompted a swathe of sackings, executive changes and regulatory investigations, as well as a planned strategic overhaul which Horta-Osorio has said is to place risk and cultural change as a top priority.</p>\n<p>Former Chief Risk and Compliance Officer Lara Warner was <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the high-level casualties, replaced on an interim basis by Joachim Oechslin, who the bank said will resume his role as strategic advisor to the CEO.</p>\n<p>Wildermuth, a 24-year veteran of the U.S. financial giant, was appointed deputy chief risk officer at Goldman Sachs in 2015 and has been a partner since 2010.</p>\n<p>\"David joins with an impressive track record, underlining our firm commitment to further enhance our risk management across the bank,\" Credit Suisse CEO Thomas Gottstein said in the statement. \"He is the right person to lead and further strengthen our risk organization.\"</p>\n<p>Wildermuth will assume the role on February 1, 2022 at the latest, the Swiss bank said. (Reporting by Brenna Hughes Neghaiwi, editing by Kirsti Knolle and Silke Koltrowitz)</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 14:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as its new chief risk officer, as it seeks to turn the corner on the Archegos and Greensill scandals that...</p>\n\n<a href=\"https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛"},"source_url":"https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2154996657","content_text":"ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as its new chief risk officer, as it seeks to turn the corner on the Archegos and Greensill scandals that have rocked Switzerland's second-biggest bank.\n\"I am delighted to welcome David to Credit Suisse, where he will help shape the Group's enhanced risk management framework, an essential part of the bank's strategic realignment currently underway,\" Chairman Antonio Horta-Osorio said in a statement.\nSwitzerland's second-biggest bank has cut risk after its prime brokerage business lost more than any other competitor from the collapse of family office Archegos, and as its asset management division scrambles to return some $10 billion of client investments linked to insolvent supply chain finance firm Greensill.\nThose scandals have prompted a swathe of sackings, executive changes and regulatory investigations, as well as a planned strategic overhaul which Horta-Osorio has said is to place risk and cultural change as a top priority.\nFormer Chief Risk and Compliance Officer Lara Warner was one of the high-level casualties, replaced on an interim basis by Joachim Oechslin, who the bank said will resume his role as strategic advisor to the CEO.\nWildermuth, a 24-year veteran of the U.S. financial giant, was appointed deputy chief risk officer at Goldman Sachs in 2015 and has been a partner since 2010.\n\"David joins with an impressive track record, underlining our firm commitment to further enhance our risk management across the bank,\" Credit Suisse CEO Thomas Gottstein said in the statement. \"He is the right person to lead and further strengthen our risk organization.\"\nWildermuth will assume the role on February 1, 2022 at the latest, the Swiss bank said. (Reporting by Brenna Hughes Neghaiwi, editing by Kirsti Knolle and Silke Koltrowitz)","news_type":1},"isVote":1,"tweetType":1,"viewCount":636,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809674432,"gmtCreate":1627369700026,"gmtModify":1703488539719,"author":{"id":"3573335627743174","authorId":"3573335627743174","name":"Kimjonggreg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573335627743174","authorIdStr":"3573335627743174"},"themes":[],"htmlText":"Tks","listText":"Tks","text":"Tks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809674432","repostId":"2154499393","repostType":4,"repost":{"id":"2154499393","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1627357012,"share":"https://ttm.financial/m/news/2154499393?lang=&edition=fundamental","pubTime":"2021-07-27 11:36","market":"us","language":"en","title":"Iraq wants American firm to replace Exxon, prime minister says","url":"https://stock-news.laohu8.com/highlight/detail?id=2154499393","media":"Reuters","summary":"WASHINGTON, July 26 (Reuters) - Iraq's Prime Minister Mustafa al-Kadhimi said on Monday he wants ano","content":"<p>WASHINGTON, July 26 (Reuters) - Iraq's Prime Minister Mustafa al-Kadhimi said on Monday he wants another American company to replace Exxon Mobil Corp when it exits Iraq.</p>\n<p>Exxon, which in 2019 had looked poised to move ahead with a $53 billion project to boost Iraq's oil output, has been seeking to sell its 32.7% stake in <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Iraq's biggest oilfields, West Qurna 1.</p>\n<p>\"Exxon Mobil is considering exiting Iraq for reasons that are to do with its internal management practices, decisions, and not because of the particular situation in Iraq,\" Kadhimi told a small group of reporters in Washington after talks with President Joe Biden.</p>\n<p>\"When Exxon Mobil departs, we will not accept its replacement to be other than another American company,\" he added, speaking through a translator.</p>\n<p>Kadhimi did not specify which American companies might be interested. Chevron Corp also operates in Iraq.</p>\n<p>In May, Iraq's Oil Minister Ihsan Abdul Jabbar said the country was considering purchasing Exxon's West Qurna stake through state-owned Basra Oil Co.</p>\n<p>When contacted by Reuters, Exxon said in a statement that it had entered into an agreement with Petrochina and China's offshore oil and gas major CNOOC Ltd to sell its West Qurna interest in January 2021.</p>\n<p>Exxon added that Indonesia's Pertamina has since exercised its right to purchase the interest that would have been sold to CNOOC.</p>\n<p>The statement also said Exxon has filed for arbitration against Basra Oil over Exxon's sale of the West Qurna stake. It did not mention a sale to a U.S. firm.</p>\n<p>\"The sale aligns with ExxonMobil’s strategy to focus on advantaged assets with the lowest cost of supply, including developments in Guyana, Brazil and the U.S. Permian Basin,\" the statement said.</p>\n<p>Securing foreign investment is critical for Iraq, the second-largest producer in the Organization of the Petroleum Exporting Countries (OPEC). Oil revenue represents at least 95% of Iraq's income.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Iraq wants American firm to replace Exxon, prime minister says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIraq wants American firm to replace Exxon, prime minister says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-27 11:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, July 26 (Reuters) - Iraq's Prime Minister Mustafa al-Kadhimi said on Monday he wants another American company to replace Exxon Mobil Corp when it exits Iraq.</p>\n<p>Exxon, which in 2019 had looked poised to move ahead with a $53 billion project to boost Iraq's oil output, has been seeking to sell its 32.7% stake in <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Iraq's biggest oilfields, West Qurna 1.</p>\n<p>\"Exxon Mobil is considering exiting Iraq for reasons that are to do with its internal management practices, decisions, and not because of the particular situation in Iraq,\" Kadhimi told a small group of reporters in Washington after talks with President Joe Biden.</p>\n<p>\"When Exxon Mobil departs, we will not accept its replacement to be other than another American company,\" he added, speaking through a translator.</p>\n<p>Kadhimi did not specify which American companies might be interested. Chevron Corp also operates in Iraq.</p>\n<p>In May, Iraq's Oil Minister Ihsan Abdul Jabbar said the country was considering purchasing Exxon's West Qurna stake through state-owned Basra Oil Co.</p>\n<p>When contacted by Reuters, Exxon said in a statement that it had entered into an agreement with Petrochina and China's offshore oil and gas major CNOOC Ltd to sell its West Qurna interest in January 2021.</p>\n<p>Exxon added that Indonesia's Pertamina has since exercised its right to purchase the interest that would have been sold to CNOOC.</p>\n<p>The statement also said Exxon has filed for arbitration against Basra Oil over Exxon's sale of the West Qurna stake. It did not mention a sale to a U.S. firm.</p>\n<p>\"The sale aligns with ExxonMobil’s strategy to focus on advantaged assets with the lowest cost of supply, including developments in Guyana, Brazil and the U.S. Permian Basin,\" the statement said.</p>\n<p>Securing foreign investment is critical for Iraq, the second-largest producer in the Organization of the Petroleum Exporting Countries (OPEC). Oil revenue represents at least 95% of Iraq's income.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚","AFG":"美国金融集团有限公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154499393","content_text":"WASHINGTON, July 26 (Reuters) - Iraq's Prime Minister Mustafa al-Kadhimi said on Monday he wants another American company to replace Exxon Mobil Corp when it exits Iraq.\nExxon, which in 2019 had looked poised to move ahead with a $53 billion project to boost Iraq's oil output, has been seeking to sell its 32.7% stake in one of Iraq's biggest oilfields, West Qurna 1.\n\"Exxon Mobil is considering exiting Iraq for reasons that are to do with its internal management practices, decisions, and not because of the particular situation in Iraq,\" Kadhimi told a small group of reporters in Washington after talks with President Joe Biden.\n\"When Exxon Mobil departs, we will not accept its replacement to be other than another American company,\" he added, speaking through a translator.\nKadhimi did not specify which American companies might be interested. Chevron Corp also operates in Iraq.\nIn May, Iraq's Oil Minister Ihsan Abdul Jabbar said the country was considering purchasing Exxon's West Qurna stake through state-owned Basra Oil Co.\nWhen contacted by Reuters, Exxon said in a statement that it had entered into an agreement with Petrochina and China's offshore oil and gas major CNOOC Ltd to sell its West Qurna interest in January 2021.\nExxon added that Indonesia's Pertamina has since exercised its right to purchase the interest that would have been sold to CNOOC.\nThe statement also said Exxon has filed for arbitration against Basra Oil over Exxon's sale of the West Qurna stake. It did not mention a sale to a U.S. firm.\n\"The sale aligns with ExxonMobil’s strategy to focus on advantaged assets with the lowest cost of supply, including developments in Guyana, Brazil and the U.S. Permian Basin,\" the statement said.\nSecuring foreign investment is critical for Iraq, the second-largest producer in the Organization of the Petroleum Exporting Countries (OPEC). Oil revenue represents at least 95% of Iraq's income.","news_type":1},"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809675031,"gmtCreate":1627369635723,"gmtModify":1703488536647,"author":{"id":"3573335627743174","authorId":"3573335627743174","name":"Kimjonggreg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573335627743174","authorIdStr":"3573335627743174"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/809675031","repostId":"1181332154","repostType":4,"repost":{"id":"1181332154","pubTimestamp":1627368703,"share":"https://ttm.financial/m/news/1181332154?lang=&edition=fundamental","pubTime":"2021-07-27 14:51","market":"us","language":"en","title":"Intel Sets Plan to Again Become World’s Premier Chip Company","url":"https://stock-news.laohu8.com/highlight/detail?id=1181332154","media":"The Wall Street Journal","summary":"CEO Pat Gelsinger maps path to catch up with Asian rivals with series of increasingly powerful chips featuring tinier transistors","content":"<p>The race is on at&nbsp;Intel&nbsp;Corp.as the semiconductor giant pledges to return to the top of its game, committing to produce the world’s best chips within four years.</p>\n<p>To get there, Chief Executive Pat Gelsinger laid out a plan Monday for the company to introduce at least a new central processing unit—the brains of the modern computer—every year between 2021 and 2025. Each is expected to be based on transistor technology more advanced than the last.</p>\n<p>Intel was long the unquestioned leader in computing performance. Co-founder Gordon Moore defined the law underpinning the semiconductor industry, describing how engineers would find ways to shrink circuits at a predictable pace year after year. But the company has&nbsp;fallen behind Asian rivals&nbsp;after a series of missteps and delays.</p>\n<p>Taiwan Semiconductor Manufacturing&nbsp;Co.&nbsp;and South Korea’s&nbsp;Samsung Electronics&nbsp;Co.&nbsp;are now both ahead of Intel in chip-manufacturing technology. They manufacture chips on contract for chip-design specialists, allowing those customers to gain an edge on Intel.</p>\n<p>“We are accelerating our innovation roadmap to ensure we are on a clear path to process performance leadership by 2025,” Mr. Gelsinger said. The CEO&nbsp;rejoined Intel in February&nbsp;with a mandate to revitalize the company after previously serving as its chief technology officer.</p>\n<p>The plan signals that Intel doesn’t believe in the near-term demise of Moore’s Law even as chip-making becomes more costly and technically difficult.</p>\n<p>The company reiterated its intention to release a new CPU for desktop computers this year and one for servers in the first quarter of 2022. Intel earlier this year&nbsp;delayed introducing the server chip&nbsp;to add features, signaling that the path to recovery isn’t without challenges.</p>\n<p>Intel said it plans its next round of personal-computer and server processors in 2023. Those, it said, would fully embrace a new form of circuit-printing called extreme ultraviolet lithography—the kind of cutting-edge tooling needed to produce the tiniest transistors, each a fraction of the width of an average human hair. Transistors are the building blocks of chips, and billions of them are needed to make calculations inside modern laptops, desktop computers and computer servers.</p>\n<p>Further performance improvements and innovations in transistor design should follow through 2025, Intel said.</p>\n<p>By that year, the company said it hopes to introduce chips with transistor technology it is calling Intel 18A, a loose reference to its minuscule size—measured in angstroms rather than nanometers, which are currently used to define transistor size. Intel said it is already working on developing the chip.</p>\n<p>Ann Kelleher, Intel’s general manager of technology development, said the company is on track to meet its goals, citing its embrace of extreme ultraviolet technology, a more streamlined chip-development process and an openness to innovation coming from outside Intel.</p>\n<p>Intel is racing with competitors that also are working on increasingly sophisticated chips. TSMC&nbsp;already has chips in development&nbsp;with smaller transistors than those featured in its currently leading-edge processors.</p>\n<p>Rebuilding Intel’s chip design and production process is only part of Mr. Gelsinger’s plan to revitalize the company. While Intel remains America’s largest chip company by sales,Nvidia&nbsp;Corp.&nbsp;has surpassed it in valuation. Known for its graphics chips, Nvidia has become an investor darling with its bet on some of the hottest fields in technology, such videogaming and artificial intelligence. The company, along with perennial Intel CPU-rival&nbsp;Advanced Micro Devices&nbsp;Inc.,have taken market share from Intel.</p>\n<p>Mr. Gelsinger said in March that Intel would become a leading chip manufacturer,not just for its own needs but also for others. He has committed to investing billions of dollars toward that goal, and&nbsp;Intel is in talks to buy&nbsp;chip-making specialist GlobalFoundries Inc., The Wall Street Journal has reported.</p>\n<p>Intel said it had signed mobile-phone chip company&nbsp;Qualcomm&nbsp;Inc.&nbsp;as a customer for chips due for production in 2024. Qualcomm has been a big user of chips made by TSMC and Samsung.</p>\n<p>To help ensure technology hiccups don’t delay its recovery plan and return to the technological high-ground, Intel will monitor progress at every step, Ms. Kelleher said. “In the areas where we have true risk within a process, we absolutely strive to have a Plan B,” she said. “So if Plan A doesn’t work, we can cut over much more easily.”</p>\n<p>The company also said it was adjusting the naming of its newest transistor technology to better reflect industry standards. Intel’s 10-nanometer chips will now be called Intel 7, and its 7-nanometer chips will be called Intel 4. Years ago, cutting-edge transistor-size numbers referred to actual dimensions, but they lost real-world meaning as the structure of transistors changed.</p>\n<p>Mr. Gelsinger is trying to execute the turnaround during an unprecedented chip shortage,brought on by supercharged demand&nbsp;during the Covid-19 pandemic for videogames, laptops and many other devices. The CEO has projected that outsize demand for semiconductors would continue for years, justifying Intel’s manufacturing capacity. The current global shortage of chips, he added, could take until 2023 to be resolved.</p>\n<p>The situation is also providing somewhat of a tailwind for the company. Intel on Thursday reported second-quarter results that benefited from stronger-than-expected sales in its PC-related chips.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Sets Plan to Again Become World’s Premier Chip Company</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel Sets Plan to Again Become World’s Premier Chip Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 14:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/intel-sets-plan-to-again-become-worlds-premier-chip-company-11627333200?mod=hp_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The race is on at Intel Corp.as the semiconductor giant pledges to return to the top of its game, committing to produce the world’s best chips within four years.\nTo get there, Chief Executive Pat ...</p>\n\n<a href=\"https://www.wsj.com/articles/intel-sets-plan-to-again-become-worlds-premier-chip-company-11627333200?mod=hp_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://www.wsj.com/articles/intel-sets-plan-to-again-become-worlds-premier-chip-company-11627333200?mod=hp_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181332154","content_text":"The race is on at Intel Corp.as the semiconductor giant pledges to return to the top of its game, committing to produce the world’s best chips within four years.\nTo get there, Chief Executive Pat Gelsinger laid out a plan Monday for the company to introduce at least a new central processing unit—the brains of the modern computer—every year between 2021 and 2025. Each is expected to be based on transistor technology more advanced than the last.\nIntel was long the unquestioned leader in computing performance. Co-founder Gordon Moore defined the law underpinning the semiconductor industry, describing how engineers would find ways to shrink circuits at a predictable pace year after year. But the company has fallen behind Asian rivals after a series of missteps and delays.\nTaiwan Semiconductor Manufacturing Co. and South Korea’s Samsung Electronics Co. are now both ahead of Intel in chip-manufacturing technology. They manufacture chips on contract for chip-design specialists, allowing those customers to gain an edge on Intel.\n“We are accelerating our innovation roadmap to ensure we are on a clear path to process performance leadership by 2025,” Mr. Gelsinger said. The CEO rejoined Intel in February with a mandate to revitalize the company after previously serving as its chief technology officer.\nThe plan signals that Intel doesn’t believe in the near-term demise of Moore’s Law even as chip-making becomes more costly and technically difficult.\nThe company reiterated its intention to release a new CPU for desktop computers this year and one for servers in the first quarter of 2022. Intel earlier this year delayed introducing the server chip to add features, signaling that the path to recovery isn’t without challenges.\nIntel said it plans its next round of personal-computer and server processors in 2023. Those, it said, would fully embrace a new form of circuit-printing called extreme ultraviolet lithography—the kind of cutting-edge tooling needed to produce the tiniest transistors, each a fraction of the width of an average human hair. Transistors are the building blocks of chips, and billions of them are needed to make calculations inside modern laptops, desktop computers and computer servers.\nFurther performance improvements and innovations in transistor design should follow through 2025, Intel said.\nBy that year, the company said it hopes to introduce chips with transistor technology it is calling Intel 18A, a loose reference to its minuscule size—measured in angstroms rather than nanometers, which are currently used to define transistor size. Intel said it is already working on developing the chip.\nAnn Kelleher, Intel’s general manager of technology development, said the company is on track to meet its goals, citing its embrace of extreme ultraviolet technology, a more streamlined chip-development process and an openness to innovation coming from outside Intel.\nIntel is racing with competitors that also are working on increasingly sophisticated chips. TSMC already has chips in development with smaller transistors than those featured in its currently leading-edge processors.\nRebuilding Intel’s chip design and production process is only part of Mr. Gelsinger’s plan to revitalize the company. While Intel remains America’s largest chip company by sales,Nvidia Corp. has surpassed it in valuation. Known for its graphics chips, Nvidia has become an investor darling with its bet on some of the hottest fields in technology, such videogaming and artificial intelligence. The company, along with perennial Intel CPU-rival Advanced Micro Devices Inc.,have taken market share from Intel.\nMr. Gelsinger said in March that Intel would become a leading chip manufacturer,not just for its own needs but also for others. He has committed to investing billions of dollars toward that goal, and Intel is in talks to buy chip-making specialist GlobalFoundries Inc., The Wall Street Journal has reported.\nIntel said it had signed mobile-phone chip company Qualcomm Inc. as a customer for chips due for production in 2024. Qualcomm has been a big user of chips made by TSMC and Samsung.\nTo help ensure technology hiccups don’t delay its recovery plan and return to the technological high-ground, Intel will monitor progress at every step, Ms. Kelleher said. “In the areas where we have true risk within a process, we absolutely strive to have a Plan B,” she said. “So if Plan A doesn’t work, we can cut over much more easily.”\nThe company also said it was adjusting the naming of its newest transistor technology to better reflect industry standards. Intel’s 10-nanometer chips will now be called Intel 7, and its 7-nanometer chips will be called Intel 4. Years ago, cutting-edge transistor-size numbers referred to actual dimensions, but they lost real-world meaning as the structure of transistors changed.\nMr. Gelsinger is trying to execute the turnaround during an unprecedented chip shortage,brought on by supercharged demand during the Covid-19 pandemic for videogames, laptops and many other devices. The CEO has projected that outsize demand for semiconductors would continue for years, justifying Intel’s manufacturing capacity. The current global shortage of chips, he added, could take until 2023 to be resolved.\nThe situation is also providing somewhat of a tailwind for the company. Intel on Thursday reported second-quarter results that benefited from stronger-than-expected sales in its PC-related chips.","news_type":1},"isVote":1,"tweetType":1,"viewCount":666,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":809675031,"gmtCreate":1627369635723,"gmtModify":1703488536647,"author":{"id":"3573335627743174","authorId":"3573335627743174","name":"Kimjonggreg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573335627743174","authorIdStr":"3573335627743174"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/809675031","repostId":"1181332154","repostType":4,"isVote":1,"tweetType":1,"viewCount":666,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809677078,"gmtCreate":1627369733194,"gmtModify":1703488540043,"author":{"id":"3573335627743174","authorId":"3573335627743174","name":"Kimjonggreg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573335627743174","authorIdStr":"3573335627743174"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809677078","repostId":"2154996657","repostType":4,"repost":{"id":"2154996657","pubTimestamp":1627366688,"share":"https://ttm.financial/m/news/2154996657?lang=&edition=fundamental","pubTime":"2021-07-27 14:18","market":"us","language":"en","title":"Credit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround","url":"https://stock-news.laohu8.com/highlight/detail?id=2154996657","media":"Reuters","summary":"ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as it","content":"<p>ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as its new chief risk officer, as it seeks to turn the corner on the Archegos and Greensill scandals that have rocked Switzerland's second-biggest bank.</p>\n<p>\"I am delighted to welcome David to Credit Suisse, where he will help shape the Group's enhanced risk management framework, an essential part of the bank's strategic realignment currently underway,\" Chairman Antonio Horta-Osorio said in a statement.</p>\n<p>Switzerland's second-biggest bank has cut risk after its prime brokerage business lost more than any other competitor from the collapse of family office Archegos, and as its asset management division scrambles to return some $10 billion of client investments linked to insolvent supply chain finance firm Greensill.</p>\n<p>Those scandals have prompted a swathe of sackings, executive changes and regulatory investigations, as well as a planned strategic overhaul which Horta-Osorio has said is to place risk and cultural change as a top priority.</p>\n<p>Former Chief Risk and Compliance Officer Lara Warner was <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the high-level casualties, replaced on an interim basis by Joachim Oechslin, who the bank said will resume his role as strategic advisor to the CEO.</p>\n<p>Wildermuth, a 24-year veteran of the U.S. financial giant, was appointed deputy chief risk officer at Goldman Sachs in 2015 and has been a partner since 2010.</p>\n<p>\"David joins with an impressive track record, underlining our firm commitment to further enhance our risk management across the bank,\" Credit Suisse CEO Thomas Gottstein said in the statement. \"He is the right person to lead and further strengthen our risk organization.\"</p>\n<p>Wildermuth will assume the role on February 1, 2022 at the latest, the Swiss bank said. (Reporting by Brenna Hughes Neghaiwi, editing by Kirsti Knolle and Silke Koltrowitz)</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 14:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as its new chief risk officer, as it seeks to turn the corner on the Archegos and Greensill scandals that...</p>\n\n<a href=\"https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛"},"source_url":"https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2154996657","content_text":"ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as its new chief risk officer, as it seeks to turn the corner on the Archegos and Greensill scandals that have rocked Switzerland's second-biggest bank.\n\"I am delighted to welcome David to Credit Suisse, where he will help shape the Group's enhanced risk management framework, an essential part of the bank's strategic realignment currently underway,\" Chairman Antonio Horta-Osorio said in a statement.\nSwitzerland's second-biggest bank has cut risk after its prime brokerage business lost more than any other competitor from the collapse of family office Archegos, and as its asset management division scrambles to return some $10 billion of client investments linked to insolvent supply chain finance firm Greensill.\nThose scandals have prompted a swathe of sackings, executive changes and regulatory investigations, as well as a planned strategic overhaul which Horta-Osorio has said is to place risk and cultural change as a top priority.\nFormer Chief Risk and Compliance Officer Lara Warner was one of the high-level casualties, replaced on an interim basis by Joachim Oechslin, who the bank said will resume his role as strategic advisor to the CEO.\nWildermuth, a 24-year veteran of the U.S. financial giant, was appointed deputy chief risk officer at Goldman Sachs in 2015 and has been a partner since 2010.\n\"David joins with an impressive track record, underlining our firm commitment to further enhance our risk management across the bank,\" Credit Suisse CEO Thomas Gottstein said in the statement. \"He is the right person to lead and further strengthen our risk organization.\"\nWildermuth will assume the role on February 1, 2022 at the latest, the Swiss bank said. (Reporting by Brenna Hughes Neghaiwi, editing by Kirsti Knolle and Silke Koltrowitz)","news_type":1},"isVote":1,"tweetType":1,"viewCount":636,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809677375,"gmtCreate":1627369751197,"gmtModify":1703488540367,"author":{"id":"3573335627743174","authorId":"3573335627743174","name":"Kimjonggreg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573335627743174","authorIdStr":"3573335627743174"},"themes":[],"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809677375","repostId":"2154996657","repostType":4,"repost":{"id":"2154996657","pubTimestamp":1627366688,"share":"https://ttm.financial/m/news/2154996657?lang=&edition=fundamental","pubTime":"2021-07-27 14:18","market":"us","language":"en","title":"Credit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround","url":"https://stock-news.laohu8.com/highlight/detail?id=2154996657","media":"Reuters","summary":"ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as it","content":"<p>ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as its new chief risk officer, as it seeks to turn the corner on the Archegos and Greensill scandals that have rocked Switzerland's second-biggest bank.</p>\n<p>\"I am delighted to welcome David to Credit Suisse, where he will help shape the Group's enhanced risk management framework, an essential part of the bank's strategic realignment currently underway,\" Chairman Antonio Horta-Osorio said in a statement.</p>\n<p>Switzerland's second-biggest bank has cut risk after its prime brokerage business lost more than any other competitor from the collapse of family office Archegos, and as its asset management division scrambles to return some $10 billion of client investments linked to insolvent supply chain finance firm Greensill.</p>\n<p>Those scandals have prompted a swathe of sackings, executive changes and regulatory investigations, as well as a planned strategic overhaul which Horta-Osorio has said is to place risk and cultural change as a top priority.</p>\n<p>Former Chief Risk and Compliance Officer Lara Warner was <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the high-level casualties, replaced on an interim basis by Joachim Oechslin, who the bank said will resume his role as strategic advisor to the CEO.</p>\n<p>Wildermuth, a 24-year veteran of the U.S. financial giant, was appointed deputy chief risk officer at Goldman Sachs in 2015 and has been a partner since 2010.</p>\n<p>\"David joins with an impressive track record, underlining our firm commitment to further enhance our risk management across the bank,\" Credit Suisse CEO Thomas Gottstein said in the statement. \"He is the right person to lead and further strengthen our risk organization.\"</p>\n<p>Wildermuth will assume the role on February 1, 2022 at the latest, the Swiss bank said. (Reporting by Brenna Hughes Neghaiwi, editing by Kirsti Knolle and Silke Koltrowitz)</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse appoints Goldman Sachs' Wildermuth to lead risk turnaround\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 14:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as its new chief risk officer, as it seeks to turn the corner on the Archegos and Greensill scandals that...</p>\n\n<a href=\"https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛"},"source_url":"https://finance.yahoo.com/news/1-credit-suisse-appoints-goldman-053008175.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2154996657","content_text":"ZURICH, July 27 (Reuters) - Credit Suisse on Tuesday appointed Goldman Sachs' David Wildermuth as its new chief risk officer, as it seeks to turn the corner on the Archegos and Greensill scandals that have rocked Switzerland's second-biggest bank.\n\"I am delighted to welcome David to Credit Suisse, where he will help shape the Group's enhanced risk management framework, an essential part of the bank's strategic realignment currently underway,\" Chairman Antonio Horta-Osorio said in a statement.\nSwitzerland's second-biggest bank has cut risk after its prime brokerage business lost more than any other competitor from the collapse of family office Archegos, and as its asset management division scrambles to return some $10 billion of client investments linked to insolvent supply chain finance firm Greensill.\nThose scandals have prompted a swathe of sackings, executive changes and regulatory investigations, as well as a planned strategic overhaul which Horta-Osorio has said is to place risk and cultural change as a top priority.\nFormer Chief Risk and Compliance Officer Lara Warner was one of the high-level casualties, replaced on an interim basis by Joachim Oechslin, who the bank said will resume his role as strategic advisor to the CEO.\nWildermuth, a 24-year veteran of the U.S. financial giant, was appointed deputy chief risk officer at Goldman Sachs in 2015 and has been a partner since 2010.\n\"David joins with an impressive track record, underlining our firm commitment to further enhance our risk management across the bank,\" Credit Suisse CEO Thomas Gottstein said in the statement. \"He is the right person to lead and further strengthen our risk organization.\"\nWildermuth will assume the role on February 1, 2022 at the latest, the Swiss bank said. (Reporting by Brenna Hughes Neghaiwi, editing by Kirsti Knolle and Silke Koltrowitz)","news_type":1},"isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809200309,"gmtCreate":1627369832401,"gmtModify":1703488541338,"author":{"id":"3573335627743174","authorId":"3573335627743174","name":"Kimjonggreg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573335627743174","authorIdStr":"3573335627743174"},"themes":[],"htmlText":"Tks","listText":"Tks","text":"Tks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809200309","repostId":"2154993011","repostType":4,"repost":{"id":"2154993011","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1627366206,"share":"https://ttm.financial/m/news/2154993011?lang=&edition=fundamental","pubTime":"2021-07-27 14:10","market":"hk","language":"en","title":"HK-listed Tencent sinks to 13-month low; Nomura trims TP","url":"https://stock-news.laohu8.com/highlight/detail?id=2154993011","media":"Reuters","summary":"** Shares of Tencent Holdings Ltd fall 5.2% to HK$464.40, their lowest since June 22, 2020\n** Stock ","content":"<p>** Shares of Tencent Holdings Ltd fall 5.2% to HK$464.40, their lowest since June 22, 2020</p>\n<p>** Stock extends losses for a third consecutive session</p>\n<p>** Stock is the most actively traded by turnover and the fifth-biggest percentage decliner in the benchmark Hang Seng Index</p>\n<p>** Nomura maintains \"buy\" on the stock, but trims target price to HK$698 from HK$731, saying Tencent's Q2 revenue likely to be in line while earnings may beat low market expectations</p>\n<p>** \"Game developers are more inclined to publish games on their own instead of licensing their titles to third-party publishers such as Tencent,\" Nomura wrote in a research note, flagging a structural change in the Chinese mobile gaming space.</p>\n<p>** China's market regulator said on Saturday it would bar Tencent from exclusive music copyright deals, and the firm was fined 500,000 yuan ($77,143.83) for unfair market practices in the online music market after its acquisition of China Music Corp</p>\n<p>** The Hong Kong Hang Seng sub-index tracking information technology firms drops 4.3%, and the Hang Seng Tech Index falls 3%</p>\n<p>** The Hang Seng China Enterprises Index slides 1.8%, and the benchmark index slips 1.2%</p>\n<p>** By last close, stock down 13.1% this year</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HK-listed Tencent sinks to 13-month low; Nomura trims TP</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHK-listed Tencent sinks to 13-month low; Nomura trims TP\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-27 14:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Shares of Tencent Holdings Ltd fall 5.2% to HK$464.40, their lowest since June 22, 2020</p>\n<p>** Stock extends losses for a third consecutive session</p>\n<p>** Stock is the most actively traded by turnover and the fifth-biggest percentage decliner in the benchmark Hang Seng Index</p>\n<p>** Nomura maintains \"buy\" on the stock, but trims target price to HK$698 from HK$731, saying Tencent's Q2 revenue likely to be in line while earnings may beat low market expectations</p>\n<p>** \"Game developers are more inclined to publish games on their own instead of licensing their titles to third-party publishers such as Tencent,\" Nomura wrote in a research note, flagging a structural change in the Chinese mobile gaming space.</p>\n<p>** China's market regulator said on Saturday it would bar Tencent from exclusive music copyright deals, and the firm was fined 500,000 yuan ($77,143.83) for unfair market practices in the online music market after its acquisition of China Music Corp</p>\n<p>** The Hong Kong Hang Seng sub-index tracking information technology firms drops 4.3%, and the Hang Seng Tech Index falls 3%</p>\n<p>** The Hang Seng China Enterprises Index slides 1.8%, and the benchmark index slips 1.2%</p>\n<p>** By last close, stock down 13.1% this year</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NMR":"野村控股","00700":"腾讯控股","TME":"腾讯音乐","TCEHY":"腾讯控股ADR"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154993011","content_text":"** Shares of Tencent Holdings Ltd fall 5.2% to HK$464.40, their lowest since June 22, 2020\n** Stock extends losses for a third consecutive session\n** Stock is the most actively traded by turnover and the fifth-biggest percentage decliner in the benchmark Hang Seng Index\n** Nomura maintains \"buy\" on the stock, but trims target price to HK$698 from HK$731, saying Tencent's Q2 revenue likely to be in line while earnings may beat low market expectations\n** \"Game developers are more inclined to publish games on their own instead of licensing their titles to third-party publishers such as Tencent,\" Nomura wrote in a research note, flagging a structural change in the Chinese mobile gaming space.\n** China's market regulator said on Saturday it would bar Tencent from exclusive music copyright deals, and the firm was fined 500,000 yuan ($77,143.83) for unfair market practices in the online music market after its acquisition of China Music Corp\n** The Hong Kong Hang Seng sub-index tracking information technology firms drops 4.3%, and the Hang Seng Tech Index falls 3%\n** The Hang Seng China Enterprises Index slides 1.8%, and the benchmark index slips 1.2%\n** By last close, stock down 13.1% this year","news_type":1},"isVote":1,"tweetType":1,"viewCount":536,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809674432,"gmtCreate":1627369700026,"gmtModify":1703488539719,"author":{"id":"3573335627743174","authorId":"3573335627743174","name":"Kimjonggreg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573335627743174","authorIdStr":"3573335627743174"},"themes":[],"htmlText":"Tks","listText":"Tks","text":"Tks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809674432","repostId":"2154499393","repostType":4,"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}