Citadel Securities is under the microscope over its relationship with Robinhood. But the high-frequency trading firm is not laying low. On the same day that Senator Elizabeth Warren demanded answers…
Category: Business
Robinhood’s CEO is not licensed by a powerful Wall Street regulator
Robinhood CEO Vlad Tenev is not licensed by FINRA, Wall Street's powerful self-regulator, even though he presides over one of the nation's largest and most powerful online brokers. Tenev…
Wall Street is keeping very close tabs on WallStreetBets. Here’s how
Hedge funds, investment bankers and other institutional investors are desperate to find the next GameStop -- before it's too late. That's why Thinknum Alternative Data quickly built and launched a…
As Jeff Bezos steps down, Amazon stakes its future on the cloud
In his 2014 annual letter to shareholders, Amazon CEO Jeff Bezos wrote that a "dreamy business offering" comprises at least four elements: "Customers love it, it can grow to very…
Deutsche Bank just posted its first profit in years
Deutsche Bank (DB) has made an annual net profit for the first time since 2014 thanks to a bumper year in a business it has scaled back. Germany's largest lender…
Trump’s private bankers left Deutsche Bank over New York real estate deal
The private bankers responsible for lending to President Donald Trump and Jared Kushner resigned from Deutsche Bank last year following allegations related to the unauthorized purchase of a Manhattan condominium.…
Parler’s CEO has been terminated by its board
Parler CEO John Matze has been terminated by the board of the embattled social media company, according to Parler investor and right-wing commentator Dan Bongino. Bongino's announcement followed a report…