HSBC hires ex-Citi executive Ida Liu to lead its private bank

HSBC hires ex-Citi executive Ida Liu to lead its private bank

[LONDON] HSBC Holdings has hired former Citigroup executive Ida Liu to run its global private banking business, according to people familiar with the matter. Liu replaces Gabriel Castello, who was appointed interim chief executive officer of the wealth business late last year, when Annabel Spring stepped down as part of a management shake-up under group…

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Trump considering executive order to preempt state AI laws

Trump considering executive order to preempt state AI laws

US PRESIDENT Donald Trump is considering an executive order that would seek to preempt state laws on artificial intelligence through lawsuits and by withholding federal funding, according to a draft of the order seen by Reuters on Wednesday. The move, which is likely to face pushback from states, shows how far Trump is willing to…

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More jail time for former KTL Global chief executive Tan Kheng Yeow

More jail time for former KTL Global chief executive Tan Kheng Yeow

[SINGAPORE] The former chief executive and director of KTL Global (KTLG), Tan Kheng Yeow, has been convicted of criminal breach of trust (CBT) involving almost S$1 million, said the Singapore Police Force on Tuesday (Nov 18). He was sentenced to two years and eight months in jail for diverting about S$1 million, ostensibly for the…

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Giving Foster Children Better Support: Donald Trump Signs New Executive Order To Provide Pathway After Exiting the System

Giving Foster Children Better Support: Donald Trump Signs New Executive Order To Provide Pathway After Exiting the System

United States President Donald Trump signed a new executive order that aims to provide better support for foster children exiting the system by giving them a pathway to education and employment. The executive order also aims to expand opportunities for housing and other resources for young people who transition from foster care to adulthood. Currently,…

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Intel CEO to oversee its AI efforts after executive departs for OpenAI

Intel CEO to oversee its AI efforts after executive departs for OpenAI

[SAN FRANCISCO] Intel said on Monday its CEO Lip-Bu Tan would oversee the chipmaker’s artificial intelligence efforts after the firm’s chief technology officer departed for ChatGPT maker OpenAI. Sachin Katti, who has led Intel’s AI efforts since a management reorganisation at the chipmaker in January, said on social media site X that he had joined…

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Cordlife’s executive chairman steps down

Cordlife’s executive chairman steps down

[SINGAPORE] Cordlife announced that its executive chairman Zhai Lingyun has stepped down in a bourse filing on Thursday (Oct 30). Zhai told the board that he resigned in order to focus on other business and personal commitments. The cord-blood banking operator said that Zhai will continue to serve in certain management capacities within the group.…

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From Health Care Executive to Managing Attorney: Building A Law Practice by Business Operators for Business Operators

From Health Care Executive to Managing Attorney: Building A Law Practice by Business Operators for Business Operators

Matthew T. Macklin’s professional story is one of strategic innovation. Today, he serves as Managing Attorney of Stratagem Law Group, where he leads a firm dedicated to balancing legal rigor with pragmatic business insight. But the path that brought him to law was forged not in courtrooms, but in health care. “Health care was the…

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