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23.06.26 - 13:30
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South Africa: The Music Is Still Playing. but for How Long? (AllAfrica)
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[Daily Maverick] In July 2007, just months before the global financial crisis broke, Citigroup CEO Chuck Prince gave one of the most revealing quotes in modern financial history. "As long as the music is playing," he told the Financial Times, "you've got to get up and dance. We're still dancing."...
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23.06.26 - 03:39
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ORIX Submits Form 20-F for Filing for the Fiscal Year Ended March 31, 2026 (Business Wire)
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TOKYO--(BUSINESS WIRE)--ORIX Corporation (TOKYO: 8591; NYSE: IX; ISIN:JP3200450009) has submitted its annual Form 20-F for the fiscal year ended March 31, 2026 to the U.S. Securities and Exchange Commission on June 22, 2026. Please find online versions of the file available for download, as well as a link to the SEC EDGAR format, on ORIX's website at: https://www.orix.co.jp/grp/en/ir/library/20f/index.html
Holders of our American Depositary Receipts may request a hard copy of our complete audited financial statements (Form 20-F) free of charge. Please forward your request to the website of our depositary bank, Citibank, N.A. at: https://fs11.formsite.com/bHTsOU/r2piq0mgvd/index
About ORIX Group:
ORIX Group (ORIX Corporation TOKYO: 8591; NYSE: IX) was established in 1964 and has grown from its roots in leasing in Japan to become a global, diverse, and unique corporate group. Today, it is active around the world in financing and investment, life insurance, banking, asset management, real estate, concession...
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18.06.26 - 22:51
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Comstock Appoints former Blackstone and Citigroup Leader David Hirsh to Board of Directors (Business Wire)
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RESTON, Va.--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) ("Comstock" or the "Company"), a leading asset manager, developer, and operator of mixed-use, transit-oriented properties and large-scale infrastructure developments in the Washington, D.C. region, announced today that David Z. Hirsh has been appointed to its Board of Directors and will serve an initial term that expires at the Company's 2027 Annual Meeting of Stockholders.
Mr. Hirsh is a seasoned real estate investor with more than 30 years of experience across all major real estate product types in most major U.S. markets. He is a former Managing Director at Blackstone Inc., where he spent approximately 16 years in the firm's Real Estate Asset Management Group until his retirement in January 2018. During his tenure at Blackstone, his responsibilities included the day-to-day oversight and strategic management of Equity Office Properties, IndCor Industrial Properties, and the LXR Hotels and Resorts portfolio, as well as severa...
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15.06.26 - 21:24
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China′s AI Markets Still ′A Source of Funds′ Says Citigroup (Bloomberg)
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Alicia Yap, Citi's head of Pan-Asia Internet Research, breaks down where China's tech market stands amid global AI adoption. But despite all this heavy corporate activity, Citigroup warns that global investors are still treating China tech as "a source of funds," with Wall Street dumping local stocks to fund the global AI hardware trade. She joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)...
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12.06.26 - 20:36
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Banks Curb FOMO-Chasing Levered Bets On Korean Tech Firms (ZeroHedge)
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Banks Curb FOMO-Chasing Levered Bets On Korean Tech Firms
SK Hynix has been THE poster-child for 'Vol Up, Spot Up' FOMO-chasing over the past few months of exuberant semi-shortage panic-buying...
And volumes in levered Semi trades has been astronomical...
With SK Hynix standing out among the most-levered bets...
Driven by massive speculative momentum (margin loans at record highs)...
...which faced huge forced liquidations amid the recent volatility...
So it really should not be a surprise that Bloomberg reports that global banks are curbing hedge funds' leveraged bets on Asia's top chipmakers including SK Hynix and Samsung.
According to people familiar with the matter, brokers including Citigroup, JPMorgan, and Goldman Sachs have raised the financing cost for hedge funds to take bullish wagers on SK Hynix and Samsung Electronics shares via swaps
Banks have also tightened the size of new trades and which firms they will give them to.
Swaps are a popular way for hedge funds to bet on asse...
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