Citadel Hedge Fund Now Sells $1 Billion of Bonds To Fund Payout To Owners
Citadel hedge fund now sells $1 billion of bonds to fund payout to owners, with Bank of America, Goldman Sachs Group, and Morgan Stanley facilitating the issuance.
Hedge Funds Will Now Pay Kentucky Pension System A Whopping $200M
Hedge funds will now pay the Kentucky Pension System a whopping $200m after more than seven years after a lawsuit was filed.
Shadow Lenders Now Hold Half of All Financial Assets
Shadow lenders now hold half of all financial assets according to new data from a project launched to gather information from the banking system.
For Five Years Citadel Marked Short Sales As Long
For five years Citadel incorrectly marked short sales as long sales and vice versa according to the SEC's latest report.
Global Head of Operations at Citadel Has a Board Seat at DTCC
David Inggs is Global Head of Operations at Citadel and is responsible for all products across asset servicing, billing, cash management, clearing, and has a board seat at the DTCC. The conflict of interest has raised big concerns amongst the retail…