„It’s going to be a ‚think-and-do tank.‘ It’s going to be an activist,“ Ackman said in an interview with CNBC’s Andrew Ross Sorkin on „Squawk Box.“
Kategorie-Archiv: CNBC Financial News
Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
Citigroup CEO Jane Fraser announced one of the largest moves to cut headcount at a major U.S. bank in recent years.
One place you won’t find a bitcoin ETF: Jack Bogle’s Vanguard
Vanguard said it will not launch a bitcoin ETF, even as its chief rival BlackRock debuted a fund on Thursday.
Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting
Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago.
Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
Citigroup CEO Jane Fraser announced plans for a sweeping corporate reorganization in September after previous efforts failed to boost the bank’s share price.
Bank of America shares fall after company reports lower fourth-quarter profit, hit by regulatory charge
Bank of America’s net income fell to $3.1 billion in the fourth quarter, from $7.1 billion a year ago.
BlackRock buys infrastructure investor Global Infrastructure Partners for $12 billion
BlackRock, the world’s biggest asset manager, announced Friday it is buying Global Infrastructure Partners for about $12 billion in cash and stock.
Chinese rival to Apple’s Vision Pro raises $70 million, doubles down on new strategy to win consumers
Chinese augmented reality glasses company Rokid announced it raised 500 million yuan ($70 million) in a funding round led by the government of Hefei city.
Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
Citigroup CEO Jane Fraser announced plans for a sweeping corporate reorganization in September after previous efforts failed to boost the bank’s share price.
Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting
Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago.