Ken Griffin's Citadel Securities logs 35% plunge in first-half revenue as low market volatility reduces trading opportunities
Billionaire Ken Griffin's Citadel Securities logged a 35% slump in trading revenue during the first half of 2023 amid a decline in market volatility.
The capital-markets firm earned a net $2.73 billion during the six months through June, compared with $4.2 billion in the year-earlier period, sources close to the matterThe plunge comes amid fading investor angst over high inflation, interest rate hikes, and recession risks – creating a sense of calm in markets, and reducing opportunities to profit from outsized fluctuations.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Milwaukee Bucks coach Adrian Griffin's 2-year-old grandson diesMilwaukee Bucks head coach Adrian Griffin's 2-year-old grandson died on Saturday, the team confirmed on Monday.
Baca lebih lajut »
Texas AG Ken Paxton wants Democrats off impeachment jury, citing ‘bias’Embattled Texas Attorney General Ken Paxton wants three Democrats thrown off the jury to his upcoming impeachment trial. Paxton's legal team argues that the...
Baca lebih lajut »
Ken Paxton’s far-right billionaire backers are fighting hard to save himWith the attorney general’s impeachment trial set for September, supporters have risen to Paxton’s defense, fueled by the deep pockets of oil-rich West Texas donors.
Baca lebih lajut »