Ken Griffin from Citadel advises Trump to ‘separate’ the White House from the Fed with his choice for chairman.
On Tuesday, Ken Griffin, CEO of Citadel, encouraged President Trump to create “distance” between the presidency and the Federal Reserve regarding the selection of the next chairman. His advice comes amid worries that Trump’s choice to replace Jerome Powell as Fed chairman may be closely aligned with the White House. The candidates currently in the […]
Citadel appoints a chief medical officer as Ken Griffin advocates for optimal performance
Citadel Hires First Chief Medical Officer to Boost Employee Wellness Citadel is stepping up its approach to employee wellness by hiring David Stark, a former Morgan Stanley executive, as its inaugural Chief Medical Officer. Insiders report that this new position aims to enhance the performance of employees across both hedge funds and their associated market-making […]
Park Avenue supertall tower anchored by Ken Griffin’s Citadel begins long road to joining NYC skyline
The clock will be ticking through Monday and begin to gain approval for the city of Midtown's most ambitious development project. It is a 1.8 million square feet tall 1,600 feet tower on 350 Park Avenue, developed by the horrifying victory of public and private wealth. The seven-month public review process known as Ulurp begins […]
Citadel founder Ken Griffin says he’s open to selling stake in hedge fund
Citadel founder Ken Griffin said Thursday that he is open to selling a small stake in the hedge fund at some point in the future. At an event hosted by the New York Economic Club, Griffin said a deal that would sell a minority stake in his market maker Citadel Securities to Sequoia and Paradigm […]
Trans Bathroom Issue Like Excluding Women, Mace Likely Had Trouble with Which Bathroom to Use at Citadel
On NewsNation's “On Balance” Wednesday, Rep. Seth Moulton (D-Mass.) said there needs to be a discussion about bathroom use. This is really overkill, like having security guards around bathrooms etc. He also cited the career of Rep. Nancy Mace (R-S.C.) as the Citadel's first female graduate, saying, “The Citadel said she didn't belong there, there […]
Citadel boosts stake in James Dolan’s Sphere after Steve Cohen investment
Ken Griffin’s Citadel increased its stake in James Dolan’s Sphere Entertainment just weeks after it revealed that another hedge fund mogul, Mets owner Steve Cohen, had invested in the company. Citadel Advisors has increased its stake in the company that owns Las Vegas’ revolutionary concert venue from 1.6% to 5.3%. According to an SEC filing […]
Steve Cohen’s Point72 and Ken Griffin’s Citadel lead 2024 hedge fund rebound
Mets owner Steve Cohen’s Point72, Ken Griffin’s Citadel and Izzy Englander’s Millennium were among the best-performing hedge funds in the first half of the year as Wall Street’s biggest investment firms rebound from a weak 2023. Point72, the Connecticut-based hedge fund run by Cohen, is up 8.7% this year. Obtained by Business Insider. Flagship funds […]
Ken Griffin’s Citadel rips Truth Social exec Devin Nunes in short-selling feud
Ken Griffin’s Citadel Securities said that Truth Social’s parent company, CEO Devin Nunes, had previously blamed Wall Street market makers for Trump Media and Technology Group’s low stock price. He was criticized as a “proverbial loser” after Republican lawmakers criticized him. The war of words was sparked by a letter Nunes sent to the Nasdaq […]
Citadel CEO Ken Griffin warns on ‘irresponsible’ US debt
Hedge fund billionaire Ken Griffin has slammed the US government for its mounting debt mountain, suggesting that future generations will face dire consequences if the US sinks deeper. “The rapid rise in U.S. public debt is a growing concern that cannot be ignored,” Citadel founder and CEO Griffin wrote in his book. End of 2023 […]
Ken Griffin’s Citadel, Steve Cohen’s Point72 lagged 2023 market
Major hedge fund moguls like Ken Griffin, Steve Cohen and Izzy Englander have failed to keep pace with the S&P 500 and Nasdaq in what has been a tough year for asset managers. Although Griffin's Citadel led the pack in terms of performance, his flagship fund (the name usually given to premier funds) only posted […]