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Citadel To Pull About $500M From Melvin Capital Following Bad Short Bet On GameStop
Saturday, August 21, 2021 - 1:39pm | 428Griffin's Citadel had invested $2 billion in January into Melvin Capital Management LP, which was at the center of the GameStop Corp (NYSE: GME) Short Squeeze. What Happened: Ken Griffin's Citadel LLC and Citadel partners are planning to redeem about $500...
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Fintech Focus For November 23, 2020
Sunday, November 22, 2020 - 6:01pm | 1864Quote To Start The Day: Life is made of ever so many partings welded together. Source: Charles Dickens One Big Thing In Fintech: The pandemic has seen incumbent financial services providers fight against disruption by individuals and startups thinking about new ways to innovate. Nasdaq is...
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Northstar Realty Finance Diversifies Again With European Office Portfolio
Friday, December 26, 2014 - 11:31am | 799The Dow 30 Index on Tuesday closed above 18,000 for the first time, buoyed by the good news concerning growth of the U.S. economy. Amid the euphoria, diversified equity REIT Northstar Realty Finance Corp (NYSE: NRF) announced a definitive agreement to purchase 11 Class-A office buildings located...