Ally Financial Appoints New CEO, Start-up Funding Trends, SocGen’s Sustainable Finance Head, Bajaj Housing Finance IPO

Ally Financial names Michael Rhodes as CEO, signaling a strategic shift. We explore the trend of royalty payments in start-up funding. SocGen appoints Paul-Antoine Thiebot as head of sustainable finance. Bajaj Housing Finance prepares for an IPO targeting a $9bn-$10bn valuation.

Sources:
https://www.pymnts.com/personnel/2024/ally-financial-names-discover-chief-michael-rhodes-as-ceo/
https://www.moneycontrol.com/news/opinion/start-up-street-royalty-payments-a-new-way-to-finance-or-fleece-start-ups-12534701.html
https://www.financeasia.com/article/socgen-appoints-apac-head-of-sustainable-and-positive-impact-finance/495212
https://www.moneycontrol.com/news/business/companies/bajaj-finance-arm-bajaj-housing-finance-starts-preparation-for-ipo-targeting-9bn-10-bn-valuation-12530871.html

Outline:
(00:00:00) Introduction
(00:00:42) Ally Financial Names Discover Chief Michael Rhodes as CEO
(00:02:53) Start-up Street: Royalty payments – a new way to finance or fleece start-ups?
(00:05:07) SocGen appoints Apac head of sustainable and positive impact finance
(00:07:31) Bajaj Finance arm Bajaj Housing Finance starts preparation for IPO targeting $9bn-$10bn valuation