Citi's Failed PE Club Underwhelms Wealthy Billionaires
Posted on Friday March 21, 2025
Launched in 2012 with Silverfern, Citi's private equity club was designed to offer exclusive investment opportunities to wealthy clients, but instead it created unhappy billionaires, legal battles and a hard lesson on the pitfalls of marketing private assets. Bloomberg's Todd Gillespie joins "Bloomberg Open Interest" to talk about the venture and the fallout. (Source: Bloomberg)
Nike will report earnings after the bell. Here's what Wall Street expects
Posted on Friday March 21, 2025
Nike is trying to execute a turnaround under new CEO Elliott Hill.
Companies Shift Production Out of China on Tariff Risks
Posted on Thursday March 20, 2025
Newell Brands, the company behind brands like Rubbermaid, Yankee Candle and Elmer's Glue, has been shifting production out of China for years. Chief Executive Officer Chris Peterson joins "Bloomberg Open Interest" in the C-Suite to discuss how well the company is positioned for tariff headwinds. (Source: Bloomberg)
Boston Celtics sold for $6.1 billion to group led by private equity executive Bill Chisholm
Posted on Thursday March 20, 2025
A group led by private equity executive Bill Chisholm is buying the NBA's Boston Celtics for $6.1 billion.
Trump Says Fed Should Cut Rates as Tariff Push Heats Up
Posted on Thursday March 20, 2025
President Donald Trump said the Federal Reserve should cut interest rates, splitting with the US central bank as officials weigh the economic cost of his tariff push.
