Latest news with #Chief Executive
Bloomberg
16-07-2025
- Business
- Bloomberg
Goldman Plans Deals to Put Private Investments in 401(k) Funds
Goldman Sachs Group Inc. is in talks to put its private-market investments into US retirement funds, a step to bringing the Wall Street firm's products to more mainstream investors as rules ease. 'We've been active discussions around partnerships with others in the retirement channel,' Chief Executive David Solomon said on an earnings call with analysts Wednesday. 'We see this as a pretty significant opportunity.'
South China Morning Post
15-07-2025
- Business
- South China Morning Post
Hong Kong ride-hailing rules must ensure safety, fair competition with taxis: John Lee
A long-awaited regulatory proposal on online ride-hailing services set to be unveiled on Tuesday must establish standards and responsibilities for such platforms while offering room for taxi drivers' survival, Hong Kong's leader has said. Advertisement Chief Executive John Lee Ka-chiu also said that, despite the complexity of the issue, the city should no longer delay addressing it. 'There has been a lack of a regulatory framework since the first online ride-hailing service platform entered the Hong Kong market in 2014, while the quality of taxi services also fails to meet residents' expectations,' Lee said. He added that a lot of issues, from passenger protection and quality of drivers to how cabbies and ride-hailing operators could coexist, had emerged over the years but had yet to be sorted out. 'I agree that the issue is complicated, but the problem should no longer be dragged on and that the government should come up with solutions,' he said. John Lee has said the proposal must ensure quality and safety of such services, while safeguarding the livelihoods of taxi drivers. Photo: Jonathan Wong Lee said the Transport and Logistics Bureau would submit the relevant paper to the legislature on Tuesday afternoon.
