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The Latest Breaking News from Citadel

Afternoon Edition: June 23, 2022

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

Chicago Sun-Times

Ken Griffin moving hedge fund headquarters from Chicago to Miami

Billionaire hedge fund manager Ken Griffin is moving his company’s headquarters from Chicago to Miami.

Chicago Tribune

Citadel Moving Headquarters To Miami As Florida Captures 'New Moment In America'

On Thursday, Citadel announced it would move its headquarters from Chicago to Miami.

Benzinga

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Ken Griffin pulling Citadel out of Chicago

Making good on threats, the richest man in Illinois said he is taking his companies to Miami.

Chicago Sun-Times

Griffin’s Citadel nears tipping point on Chicago exit over crime

Billionaire Ken Griffin is reaching a tipping point with Chicago, the home to his market maker and hedge fund business, as the city wrestles with rising crime.

Tribune News Service

Hedge Fund That Heavily Shorted GameStop Stock Is Winding Down For Good

Melvin Capital, the hedge fund at the center of the GameStop Corporation (NYSE: GME) short squeeze saga, will shut down, Reuters reported on Wednesday.

Benzinga

Did Citadel Just Troll AMC? Here's What Some Apes Have To Say

The beef between Citadel and the AMC Entertainment Holdings Inc (NYSE: AMC) apes is bananas.

Benzinga

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BlackRock And Citadel Deny Role In Terra's UST Collapse

BlackRock, Inc.

Benzinga

Billionaire laments Chicago violence, donates $25 million to train leaders of police departments here and across country

Ken Griffin, founder of Citadel, and businessman Michael Sacks gave seed money for two academies at the University of Chicago to train police leaders and people who run violence interruption groups.

Chicago Sun-Times

This Billionaire Won $8M Bid For A Seat On Blue Origin's Space Flight — But He Won't Be Making The Trip

Hedge fund Citadel's founder, Ken Griffin, successfully bid for a seat on the New Shepard capsule of Jeff Bezos-founded Blue Origin but will reportedly not be part of its trip to space.

Benzinga

Ken Griffin 'Still Waiting' For Crypto To Make World Better But Says Citadel Will Be 'More Involved'

Ken Griffin, the billionaire founder of Citadel Securities, is still skeptical about cryptocurrency.

Benzinga

Citadel student charged in Jan. 6 Capitol riot asks judge to OK 3-week trip to Europe

COLUMBIA, S.C. — A student at South Carolina’s military college who faces criminal charges in the Jan. 6 storming of the U.S. Capitol is requesting permission to travel to Estonia for a three-week summer school trip that would include visits to U.S. and NATO government installations.

Tribune News Service

Edinburgh woman whose wartime wedding cake was a cardboard cutout turns 100

Lottie Maitland celebrated her 100th birthday surrounded by her family. She visited the Citadel Youth Centre that now stands on the site of the old Citadel where she grew up.

Edinburgh Live

Renovation work starts on Birmingham's Citadel building

Work has begun to transform the building into 'the city's most sustainable workplace'

Birmingham Post

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Daily Mirror

Who is Ken Griffin? Billionaire worth three times Roman Abramovich in Chelsea takeover

US hedge fund owner Ken Griffin, who has an estimated net worth of £21billion, is providing funding to the Ricketts family in their bid to buy Chelsea from Roman Abramovich

Daily Record

Scrapping Ayr Leisure Centre is main battlefield for pre-election council budget hostilities

Conservatives kept their proposals to the South Ayrshire Council capital budget, with administration councillors lining up to attack plan to ditch town centre plan.

USA Today Sports Media Group

Citadel vs East Tennessee State College Basketball Prediction, Game Preview

Citadel vs East Tennessee State prediction, college basketball game preview, how to watch: Friday, March 4

Benzinga

Citadel Securities Will Engage In Crypto This Year: Ken Griffin

Kenneth Griffin, the founder and CEO of the hedge fund Citadel and founder of the market maker Citadel Securities, says the latter firm is likely to move into market making for cryptocurrencies this year.

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The Independent UK

Four contractors sentenced over church collapse that killed scaffolder

Jeffrey Plevey was crushed while working at the Citadel Church in Cardiff in 2017.

The Street

Hedge Funder Griffin: Some of U.S. Sanctions May Backfire

Ken Griffin of Citadel says curbing Russian access to U.S. technology and to U.S. dollars could be counterproductive.

Chicago Sun-Times

Billionaire Ken Griffin owes Chicago more than his tepid response about gun manufacturers

Griffin, who’s been vocal about Chicago’s gun violence, gave a by-the-numbers response to the news that his Citadel holdings include $86 million in gun manufacturer investments.

Chicago Sun-Times

Billionaire Ken Griffin hits Pritzker hard on crime, but his firms have millions invested in gun and ammunition makers, records show

Griffin’s hedge fund and market-maker firm reported more than $86 million in investments and holdings in such companies as of December. A company spokesman says Griffin doesn’t choose Citadel’s stock holdings.

Tribune News Service

An army of faceless suits is taking over the $4 trillion hedge fund world

The most successful idea in hedge funds is now simply strength in numbers.

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