Ken Moelis will step down as CEO of Moelis & Co. after a career featuring deals and advising Donald Trump. Navid Mahmoodzadegan will replace him. The firm previously bet on boutique deals during the 2008 crisis.
Yes – many presume that all the PhDs and institutionalized processes at central banks make them powerfully important — with prescriptive pronouncements and actions that ripple seismically and inevitably through the markets.
Former Heartland Tri-State Bank CEO Shan Hanes was duped by scammers in a “pig butchering” scheme who persuaded him to send millions of dollars via wire transfers with promises to unlock his returns on crypto investments, federal prosecutors said.
