• November 7, 2024

Carlyle Group's Mixed Q3: Record Q3 Fee-Related Earnings, Revenue Miss & More

The Carlyle Group Inc. (NASDAQ:CG) reported the third quarter adjusted EPS of $0.95, beating the consensus of $0.90, and revenues of $895.0 million missed the consensus of $921.7 million. Net Accrued Performance Revenues were $2.8 billion, up 28% quarter-over-quarter, and up 17% from fourth-quarter 2023, primarily led by appreciation across the portfolio. Realized Net Performance Revenues were $91 million, led by exit activity in the third Europe technology fund, the fourth Asia buyout fund, the

  • November 7, 2024

Bitcoin Unchained: How a Pro-Bitcoin President Could Revolutionize the Financial World

In a scathing chat with Aargauer Zeitung, a Swiss-German daily newspaper Keller-Sutter served some hard truths, "It cannot be that taxpayers are the cleanup crew for the mess made by banks and their overpaid managers. No one in this country understands this anymore — the goodwill account is officially overdrawn." And there you have it, a call for banks to clean up their own mess.