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One Zero, the new Israeli digital bank established by Israeli businessman Amnon Shashua previously called The First Digital Bank, is planning to expand its operations into Europe. But as part of its preparations for the expansion the firm is cutting some jobs and making a few changes at the top. Israel’s Calcalist reported that One […]
The digital bank will lay off 10% of its 400 staff in Israel as the planned expansion to Italy weighs on One Zero's expenditure.
An executive pushed out in Nir Bar Dea’s first major corporate overhaul accused the company of favouritism, prompting an investigation by an outside law firm.
(Bloomberg) -- This spring, Nir Bar Dea finally got the role he’d been working toward for years, becoming sole chief executive officer of the world’s biggest hedge fund.Most Read from BloombergThe Late-Night Email to Tim Cook That Set the Apple Watch Saga in MotionChinese Carmaker Overtakes Tesla as World’s Most Popular EV MakerApple Resumes Sale of Watches After Appeals Court Lifts US BanTesla Plans Revamp of Smash Hit Model Y From China PlantGhost Ships at Reawakened North Korea Port Put Ukrai
Nir Bar Dea, sole CEO of Ray Dalio-founded hedge fund Bridgewater Associates, was accused of favoritism by executive Paul Ross.