Finance
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Ken Griffin’s Citadel and Citadel Securities are everywhere you look in the GameStop frenzy
Citadel and Citadel Securities are separate companies but share the same founder: billionaire Ken Griffin Citadel Securities’ market-making business helps to facilitate...
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Read the full memos Goldman Sachs just sent naming Susie Scher as chairman of its global financing group, plus other changes in investment banking leadership
Goldman Sachs announced leadership changes within its investment bank on Wednesday. Susie Scher and Vivek Bantwal become chairman and co-head of global...
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Insurance Technology Spend Forecast: What’s Driving Growth for P&C and Life Insurers in the US, UK, and Canada
US, UK, and Canadian insurers are striving to digitize their entire businesses to enhance their customer experience and cut costs. And overall...
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434Billionaire Mark Cuban thanked Wall Street Bets, advised members to hold their GameStop stock, and slammed the SEC in a Reddit AMA. Here are the 12 best quotes.
The billionaire investor Mark Cuban. Michael Buckner/Getty Mark Cuban praised Wall Street Bets for taking on the financial elite. In a Reddit...
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Spain’s Santander’s 4th-quarter profit plunges 90% as the bank sets aside higher provisions to weather the pandemic
Santander’s fourth-quarter profit plunged 90% to 277 million euros ($333.5 million) on Wednesday. It posted a record annual loss of 8.77 billion...
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Inside the Reddit community that’s a SPAC-only version of WallStreetBets and is trying to tame retail hype by banning cursing and YOLO memes (GME)
Last week, Wall Street was fixated on r/WallStreetBets, which fueled stocks for companies like GameStop and AMC. Now, a community of online...
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Google Cloud generated over $13 billion in revenue last year, but it’s not yet profitable (GOOG, GOOGL)
Alphabet broke out Google Cloud as a seperate unit on its earnings for the first time. It generated over $13 billion in...
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Charles Schwab faces deluge of questions from Wall Street on the retail-trading frenzy and payment for order flow (SCHW)
On Tuesday, Wall Street analysts peppered Charles Schwab executives with questions about the remarkable volatility in some stocks in the last week....
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We asked 7 experts what they’re hoping Warren Buffett’s Berkshire Hathaway will do this year. Here’s what they told us.
Warren Buffett should slash his Apple stake, boost stock buybacks, and hunt for acquisitions, experts say. Berkshire Hathaway was cautious when the...
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The US cities where home prices will rise the most in 2021
A new Zillow report lays out the US cities where property values are expected to rise in 2021. Austin is expected to...