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After Sudden CEO Departure, Vanguard Taps Outsider From BlackRock
19.05.2024, 16:30 Uhr. ZeroHedge News - https: - After Sudden CEO Departure, Vanguard Taps Outsider From BlackRock After a jarringly sudden announcement of its CEO's retirement, investment giant Vanguard has tapped its first outsider to serve as the firm's fifth CEO. On July 8, Blackrock veteran Salim Ramji will take over, facing customer service challenges, uneasiness about whether an outsider will...
Sternlicht's Starwood REIT Running Low On Cash As Redemptions Soar Amid CRE Storm
19.05.2024, 00:06 Uhr. ZeroHedge News - https: - Sternlicht's Starwood REIT Running Low On Cash As Redemptions Soar Amid CRE Storm Starwood Real Estate Income Trust (SREIT), a $10 billion non-traded REIT ranked second-largest behind Blackstone's struggling BREIT, faces a severe liquidity crunch as investor redemptions soar amid concerns 'higher for longer' interest rates will worsen the commercial...
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