Citigroup has undergone a slew of changes over the past five months, including the departures of senior executives and restructurings within their business lines. In aggregate, these are some of the most seismic changes to take place at Citi since Michael Corbat took the reins as CEO in 2012. The changes come amid investor frustration over the pace of Citi's progress, as well as the arrival of activist ValueAct Capital. But the bank has downplayed the significance of the changes, or their connection to pressure from investors. Don Callahan, Mike Murray, Jud Linville, Bill Mills, Jim Cowles, and John Gerspach.
Insurance startup, Jones, has announced a $2.8M seed round led by Hetz Ventures alongside JLL Spark, MetaProp Ventures, GroundUp Ventures and 500 Startups.
The building will begin sales next week with prices that land squarely in the market's weak zone. : The developer Cary Tamarkin bought at the top of the market. His $50 million purchase in 2014 wasn't a luxury apartment though; it was a former Catholic school at 555 West End Avenue, on New York's Upper West Side. Tamarkin and his partner, CL Investment Group of China, decided to convert the building into 13 luxury condominiums. They later announced that the apartments' prices would start at $7.9 million, and construction began in late 2015.
While 90 percent of waste in lower-income countries is left untreated and dumped openly, high-income countries produce 34 percent of the world's waste.
Oil reached $80 a barrel this month, prompting Trump to demand again that OPEC bring down prices. : Choose your reason below and click on the Report button. This will alert our moderators to take action.
Hedge fund billionaire and others join hands to prevent metal's value destruction. : Toronto: After almost a year of behind-the-scenes work, billionaire hedge fund manager John Paulson has formed a coalition with 15 other investors aimed at curbing years of what his fund has called value destruction in the gold sector. John Hathaway -- who is a general partner at Tocqueville Asset Management LP -- and activist fund Livermore Partners are among those who have agreed to join the group, according to an emailed statement from the newly formed Shareholders' Gold Council.
He said an investment promotion bureau has been established to provide information regarding policies, laws and rules of the state to companies.
uBiome Will Expand World's Largest Human Microbiome Database and Advance Product Portfolio, Including Drug Discovery & Development SAN FRANCISCO, September 21, 2018-- uBiome, the leader in microbial genomics, today announced the Company has raised $83 million in Series C financing. OS Fund led the round, with participation from 8VC, Y Combinator, Dentsu Ventures, and additional new and existing investors. The microbiome plays a vital role in every aspect of health - it has been correlated with a wide range of conditions and can provide insights into predispositions to diseases ranging from inflammatory bowel disease to metabolic disorder to cancer.