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Motive Partners' Blythe Masters on the Fintech landscape in 2024
  + stars: | 2024-01-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMotive Partners' Blythe Masters on the Fintech landscape in 2024Blythe Masters, Motive Partners, joins 'Fast Money' to talk the state of the Fintech sector, emerging technology, AI deployment and more.
Persons: Blythe Masters Organizations: Motive Partners
Harris Associates backs Credit Suisse handling of governance
  + stars: | 2022-11-11 | by ( ) www.reuters.com   time to read: 1 min
ZURICH, Nov 11 (Reuters) - Credit Suisse (CSGN.S) shareholder Harris Associates backed the Swiss bank's handling of any potential conflicts of interest for Michael Klein, then board member, and director Blythe Masters when it implemented a sweeping overhaul last month. "We believe they have properly dealt with situations where there have been conflicts," Deputy Chairman David Herro said in an emailed comment. Reuters earlier reported the bank's recent decision to exit certain investment banking activities is drawing scrutiny from at least two investors and a proxy adviser worried about how Credit Suisse managed potential conflicts of interest. Reporting by Oliver Hirt, writing by Michael Shields, Editing by Elisa MartinuzziOur Standards: The Thomson Reuters Trust Principles.
LONDON, Nov 11 (Reuters) - Saudi National Bank (SNB) said on Friday it had not come across any information that might raise concerns over the governance of Credit Suisse (CSGN.S) and was supportive of the transformation plan announced by the bank on Oct. 27. The comments came in response to concern from two other investors over the Swiss bank's handling of any potential conflicts of interest for Michael Klein, then board member, and director Blythe Masters when it implemented a sweeping overhaul last month. Saudi National Bank, part owned by the kingdom, has agreed to invest 1.5 billion Swiss francs ($1.59 billion) in the Swiss lender and is set to take a stake of up to 9.9%. ($1 = 0.9451 Swiss francs)Reporting By Pamela BarbagliaOur Standards: The Thomson Reuters Trust Principles.
The company will be a preferred long-term partner for Credit Suisse, the bank has said. Credit Suisse declined to comment beyond Lehmann's remarks Oct. 27 when the bank unveiled the restructuring. The investment bank spin-off and the sale of the securitized products unit to Apollo are key planks of the reorganization. Klein, a 59-year-old former Citigroup rainmaker who runs advisory boutique M. Klein & Co, has been a Credit Suisse board member since 2018. Klein and Credit Suisse also have discussed combining M. Klein & Co into CS First Boston, according to one source familiar with the discussions.
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