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☆ Gen Z UTA execs' daily routines include everything from parties to pitch meetings. See their packed schedule.
▼ + stars: | 2024-08-29 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIn March, Ziad Ahmed and Shaina Zafar made headlines when they sold their marketing agency, Juv Consulting, to United Talent Agency. Juv was known among many US-based influencers and brands as the "go-to expert on Gen Z", one creator told Business Insider. This story is available exclusively to Business Insider subscribers. AdvertisementFor the first time, Ahmed and Zafar share a peek into their work schedules as they grow UTA's Next Gen.

Persons: —, Ziad Ahmed, Shaina Zafar, Juv, Ahmed, Zafar, , it's Organizations: Service, Juv Consulting, United Talent Agency, influencers, Business, UTA Locations: America

☆ Citi Wealth's horrible tech is infuriating clients and employees and endangering its turnaround
▼ + stars: | 2024-06-25 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +11 min

But even clients who get through the door can be reluctant to park more assets with Citi, according to a wealth advisor. To understand the extent of Citi Wealth's tech woes and the stakes, Business Insider spoke with 14 current and former employees. Andy Sieg took over Citi Wealth in September after leaving Merrill Wealth Management. Citi Wealth clients are losing their patienceCiti receives 27,000 monthly complaints from wealth customers, according to the audit. Getting bank statements emailed is difficult for Citi private bank clients when it's a matter of checking a box at other major banks.

Persons: —, Andy Sieg, Roth, Ernst & Young, EY, Merrill Lynch, Sieg, Morgan Stanley, Kris, Wells, Mike Mayo, Jane Fraser, Shadman Zafar, Alois Pirker Organizations: Service, Revlon, Citi, Business, Ernst, Citi Wealth, Merrill Wealth Management, Morgan, Citigroup, Apple, Microsoft, Bankers, Employees, Work, Fidelity, Advisors

☆ A top Citi tech exec breaks down the 4 phases of the bank's AI strategy that will impact everyone from operations to wealth and product
▼ + stars: | 2024-05-09 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

Instead, he's betting that small, incremental, and sometimes "boring" moves will make the biggest impact on the bank's overall efficiency. AI is poised to change just about every employee's job at Citi and "sustainably change how we work for decades to come," Zafar said. The four-part plan will impact everyone from technology and operations to wealth and product design. Citi has undergone considerable change as CEO Jane Fraser looks to streamline the bank's operations and boost returns. The next group at Citi poised to use AI widely is operations, or employees who handle back-office administrative processes.

Persons: Shadman Zafar, Let's, Zafar, Jane Fraser, It's, it's Organizations: Service, Workers, Business, Citi Locations: Wall

☆ What does Goldman Sachs want in a coder? For them to have studied philosophy
▼ + stars: | 2024-04-18 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

Read previewArtificial intelligence is redefining what it takes to be a software engineer on Wall Street. A typical software developer holds a computer science degree. Goldman Sachs' chief information officer, Marco Argenti, recently encouraged his daughter, a college student, to concentrate her education on philosophy if she wants to pursue a career in engineering. AdvertisementZafar said he's paying more attention to people with "a computer science degree and an English minor," or "a psychology major and a computer science minor." Advertisement"That software engineer might get replaced by a sort of prompt engineer," Vyas said.

Persons: —, Goldman Sachs, Marco Argenti, Argenti, he's, it's, Citi's, Shadman Zafar, Zafar, Jensen Huang, Ken Griffin, Deepali Vyas, Korn, Vyas Organizations: Service, Wall, Business, Harvard, Amazon Web Services, Nvidia, World, Citadel Locations: Dubai

☆ How Modi's BJP seeks Muslim vote in India's 2024 election
▼ + stars: | 2023-11-10 | by ( Yp Rajesh | ) www.reuters.com time to read: +9 min

Specifics of the BJP's Muslim outreach strategy, such as the messaging it is using to target voters in these seats, have not been previously reported. The campaign is part of a larger push to woo India's 200 million Muslims, with whom the BJP and Modi have a long and fraught history. ECONOMY-FIRST AND MUSLIM VOTERSThe BJP's website states that secularism in India has become "minority appeasement ... at the cost of majority". They shared details of internal party strategy on condition of anonymity. BJP leaders such as Islam, a former India head of Deutsche bank, said the opposition has taken Muslim votes for granted and neglected their welfare.

Persons: Narendra Modi, Modi, Nafis Ansari, Ansari, Jamal Siddiqui, Modi Mitrs, Syed Zafar Islam, Siddiqui, doesn't, Hilal Ahmed, Yasser Jilani, Ujir Hossain, Mohammed, Hossain, Hossain Dada, Qasim, Amana Begam Ansari, Critics, Ahmed, Ghanshyam Tiwari, Tiwari, Rupam Jain, Katerina Ang Organizations: Bharatiya Janata Party, BJP, Rivals, Analysts, Indian, Reuters, Centre, Congress, Deutsche, Samajwadi Party, Thomson Locations: Balasinore, Indian, Ahmedabad, Madhya Pradesh, India, Delhi, West Bengal, BJP

☆ How India’s Hindu nationalist BJP seeks Muslim vote in 2024 election
▼ + stars: | 2023-11-10 | by ( Yp Rajesh | ) www.reuters.com time to read: +9 min

☆ Israel shekel sinks to lowest since 2016, default insurances soars
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +2 min

New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021. The weekend attack and retaliatory strikes by Israel have claimed more than 1,500 lives, raising fears the region could face a prolonged wave of conflict and violence. Stocks, bonds and currencies of Israel and neighbouring countries such as Lebanon, Jordan and Egypt have come under severe pressure in recent days. The Bank of Israel announced on Monday it would sell up to $30 billion of foreign currency in the open market to stabilise the currency. Reporting by Karin Strohecker and Amanda Cooper; Graphic by Marc Jones, Editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Nir Elias, JPMorgan's Zafar Nazim, Karin Strohecker, Amanda Cooper, Marc Jones, Christina Fincher Organizations: REUTERS, P Global Market Intelligence, Bank of Israel, Reuters Graphics JPMorgan, Gulf Corporation, Key Tel, Thomson Locations: Israel, Lebanon, Jordan, Egypt, Gulf, Key Tel Aviv

☆ Google and the Department of Defense are building an AI-powered microscope to help doctors spot cancer
▼ + stars: | 2023-09-18 | by ( Ashley Capoot | ) www.cnbc.com time to read: +9 min

Zafar turned to his microscope – a canonically beloved tool in pathology that the doctors rely on to help make their diagnoses. It's an artificial intelligence-powered microscope built by Google and the U.S. Department of Defense. The AI-powered tool is called an Augmented Reality Microscope, or ARM, and Google and the Department of Defense have been quietly working on it for years. When a glass slide is prepared and fixed under the microscope, the AI is able to outline where cancer is located. For many smaller health systems, digitization is not yet worth the hassle.

Persons: Niels Olson, Nadeem Zafar, Zafar, Zafar's, Mitre Ashley Capoot, Mitre, it's, Ashley Capoot, CNBC Patrick Minot, Minot, Olson, It's, Aashima Gupta, Gupta Organizations: Microscope, U.S . Department of Defense, Google, CNBC, ARM, Department of Defense, Mitre, Minot, Defense Innovation Unit, U.S . Navy, Naval, Naval Medical Center Locations: Seattle, Mitre, Washington ,, DIU, Guam, U.S, Micronesia, San Diego, Mountain View , California

☆ As weight loss drug stocks rallied on a landmark study, these stocks were over sold, analysts say
▼ + stars: | 2023-08-11 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +8 min

However, the pharmaceutical companies are making the case that weight loss can improve health, and possibly lower health-care costs over time. But analysts have said the news isn't all bad for such stocks, and many were fell too low on Tuesday. Deutsche Bank analyst Imron Zafar estimated Thursday that bariatric surgery accounts for about 5% of Intuitive Surgical's U.S. robotic surgery business, but has been driving much of the company's growth. Some of the surgeons Zafar spoke with said any drop off in bariatric surgery was likely to be offset by increased use of the robot for other procedures. But they expect the drugs will remain necessary because GLP-1 drugs have yet to show they improve fibrosis, which is associated with NASH.

Persons: nonalcoholic steatohepatitis, NASH, Abbott, Robbie Marcus, Marcus, Marcus doesn't, Goldman Sachs, Goldman, Stryker, Smith, Zimmer Biomet, Bariatric, Imron Zafar, Zafar Organizations: Novo Nordisk, Abbott Laboratories, CNBC, JPMorgan, Companies, Inspire Medical Systems, Resmed, Philips, Nephew, Deutsche Bank, Madrigal Pharmaceuticals, Sagimet Biosciences, Akero Therapeutics, Terns Pharmaceuticals, Viking Therapeutics, Madrigal Locations: U.S

☆ Ex finance chief of collapsed Carillion hit with 11-year ban
▼ + stars: | 2023-07-03 | by ( Kirstin Ridley | ) www.reuters.com time to read: +2 min

Zafar Khan, who stepped down as Carillion's finance director after just nine months in the job shortly before the business collapsed in January 2018, had voluntarily agreed to the disqualification, the Insolvency Service said on Monday. Carillion employed 43,000 people before it collapsed in Britain's biggest bankruptcy in a decade. The Insolvency Service applied for eight directors linked to the business to be disqualified and the Financial Conduct Authority fined three former executives in 2022, including Khan, for "recklessly" publishing misleading financial statements. Litigation is continuing against other directors and a trial has been set for Oct. 16, the Insolvency Service said. ($1 = 0.7881 pounds)Reporting by Kirstin Ridley Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Carillion, Zafar Khan, Khan, Ben Drew, Kirstin Ridley, Mark Potter Organizations: Service, Financial, LinkedIn, Litigation, Thomson Locations: British, Fladgate

It is not the end of our relationship with the IMF though, as the SBA is a short-term bridging operation. GARETH LEATHER, SENIOR ASIA ECONOMIST AT CAPITAL ECONOMICS, LONDON"The agreement of a loan deal between Pakistan and the IMF should put the economy back on a more secure footing and limit the biggest downside risks. There is a strong risk that Pakistan reneges on the deal once the immediate crisis has passed. Our target shall be that the next IMF programme should be the last one and it would be a great opportunity to correct our fiscal account once and for all." "Things would have been much better if successive governments would have invested in completing the IMF programme.

Persons: MURTAZA SYED, GARETH, Shehbaz Sharif, ABDUL ALEEM, SHERANI, SHAHBAZ ASHRAF, MAHA RAHMAN, ZAFAR MASUD, MUSTAFA PASHA, SHAHID HABIB, ARIF HABIB, ZULQARNAIN, MOHAMMED SOHAIL, AHFAZ MUSTAFA, ISMAIL IQBAL, SAJID AMIN JAVED, Ariba Shahid, Shilpa Jamkhandikar, Raju Gopalakrishnan Organizations: Monetary Fund, South, IMF, BANK OF PAKISTAN, SBA, State Bank, EFF, Capital, UL HAQ, OF PUNJAB, Pakistan, ARIF, Thomson Locations: Pakistan, ASIA, KARACHI, ISLAMABAD, LAHORE, PAKISTAN

☆ Suicide bomber kills 28, wounds 150 at mosque in NW Pakistan
▼ + stars: | 2023-01-30 | by ( ) www.cnbc.com time to read: +4 min

Security personnel cordon off the site of a mosque blast inside the police headquarters in Peshawar on January 30, 2023. Police between 300 to 350 worshipers were inside the mosque when the bomber detonated his explosives. A survivor, 38-year-old police officer Meena Gul, said he was inside the mosque when the bomb went off. Former Prime Minister Imran Khan also condemned the bombing, calling it a "terrorist suicide attack" in a Twitter posting. Pakistan has witnessed a surge in militant attacks since November when the Pakistani Taliban ended their cease-fire with government forces.

South Africa has been struggling for years to overhaul its state-power company which is plagued by corruption and mismanagement and reeling under a 400 billion rand ($23.3 billion) debt pile. Finance Minister Enoch Godongwana told Reuters last week he was "sharpening his pencil" to provide details, so far scarce, for taking on between one- and two-thirds of Eskom's debt in his Feb. 22 budget presentation. Eskom's debt pile is not just big, it is also complex. Another 15% is international bonds, held by global asset managers such as PIMCO, BlackRock and Fidelity, according to recent filings. Eskom's international bonds could rally if the government takes on two-thirds of the debt, Wolman said, while limiting that to one third or carrying out the debt transfer over a long period of time could be negative.

The Exchange Companies Association of Pakistan (ECAP) said late on Tuesday it was lifting the cap on the currency in the interest of the country. Before the cap on the rupee was removed, markets eyed three different rates to assess its value -- the state bank's official rate, the one assessed by the foreign exchange companies and the black market rate. He said the removal of the cap would curb the black market. "The black market rate is still sticky in the range of 260-270. The decision of exchange companies has not had any impact as such," said Fahad Rauf, Head of Research at Ismail Iqbal Securities.

☆ Suicide bombing in Pakistan's capital kills 2 suspects and a policeman
▼ + stars: | 2022-12-23 | by ( Associated Press | ) www.nbcnews.com time to read: +4 min

At least three police officers and seven passersby were wounded in the bombing in Islamabad. The Pakistani Taliban claimed responsibility for the explosion. Friday’s bombing happened about 9 miles from the garrison city of Rawalpindi, home of the military and government spy agencies. Pakistani Taliban have stepped up attacks on security forces since November, when they unilaterally ended a monthslong cease-fire with the country’s government. The Pakistani Taliban are separate but allied with the Afghan Taliban, who seized power in neighboring Afghanistan last year as U.S. and NATO troops withdrew after 20 years of war.

☆ Pakistan suicide car bombing kills one police official, injures others
▼ + stars: | 2022-12-23 | by ( Asif Shahzad | ) www.reuters.com time to read: +2 min

[1/3] Police officers and rescue workers gather at the site of a suicide car bombing in Islamabad, Pakistan December 23, 2022. "Our initial information says that there was a man and a woman in the car," Islamabad operations police chief, Sohail Zafar, told reporters. "Had the car reached its target, it would have caused heavy losses," Interior Minister Rana Sanaullah told Geo News TV. Pakistani Taliban claimed the car bombing, saying it was revenge for the killing of one of their leaders. The bombing came two days after a Pakistani military operation killed 25 TTP militants after a standoff at a counter-terrorism facility.

☆ Deutsche Bank says to buy this 'compelling' medical tech stock it sees surging nearly 40%
▼ + stars: | 2022-12-16 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

Cardiovascular device company Shockwave Medical presents a solid growth story over the next few years, according to Deutsche Bank. Analyst Imron Zafar initiated coverage of the medical tech company with a buy rating and a $285 price target. "We regard Shockwave Medical as among the most compelling growth stories across medtech over the next few years," Zafar wrote in a Dec. 16 note. Recession proof Deutsche also sees Shockwave as well-positioned to weather any tough macroeconomic backdrop that may arise in the U.S. in 2023. Deutsche sees these concerns as largely misplaced and forecasts strong top-line momentum for Shockwave even amid prevailing macro headwinds.

☆ I make over $475,000 in revenue each month as an Airbnb host. Here are the 10 most essential tools I use to manage 130 homes.
▼ + stars: | 2022-09-13 | by ( Dorothy Cucci | ) www.businessinsider.com time to read: +8 min

Humza Zafar is a 26-year-old Airbnb host who leases and rents out 130 units across 5 cities. I first started my Airbnb business almost two years ago, in November 2020. My goal was to work on the business, not work in the business. Here's the exact software I used to automate my Airbnb business, and how much each subscription costs me per month. Whether your goal is to grow a million-dollar company or just have more free time, I definitely recommend investing in management software.

☆ Salman Rushdie off ventilator and 'road to recovery has begun,' agent says
▼ + stars: | 2022-08-15 | by ( Nathan Layne | ) www.reuters.com time to read: +6 min

"He's off the ventilator, so the road to recovery has begun," his agent, Andrew Wylie, wrote in an email to Reuters. Rushdie was flown by helicopter to a hospital in Erie, Pennsylvania, for treatment after the attack. Authorities in Iran have made no public comment about the attack, although hardline state media outlets have celebrated it with headlines including "Satan has been blinded" and some Iranians voiced support online for the stabbing. Rushdie was stabbed 10 times, prosecutors said during Matar's arraignment, according to the New York Times. A Hezbollah official told Reuters on Saturday that the group had no additional information on the attack on Rushdie.

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