Pagaya Technologies Ltd. (PGY) announced on Monday the appointment of Ralph Leung as chief operating officer and chief commercial officer.
Leung will oversee Pagaya's capital markets operations, monetization strategies, and AI-driven research functions.
Leung brings over 25 years of experience, having most recently served as CFO for Achieve, a fintech company specializing in digital personal finance.
In pre-market activity on the Nasdaq, the shares are trading at $12.00, down 11.57%.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.