Latest news with #RockefellerCapital
Bloomberg
11 hours ago
- Business
- Bloomberg
US Officials Plan for Possible Strike on Iran in Coming Days
Senior US officials are preparing for the possibility of a strike on Iran in coming days, according to people familiar with the matter, as Israel and the Islamic Republic continue to exchange fire. Some of them pointed to potential plans for a weekend strike. Top leaders at a handful of federal agencies have begun getting ready for an attack, one person said. A missile from Iran on Thursday struck an Israeli hospital for the first time since the war started almost a week ago, a reminder of the risks to civilians in both countries. Today's guests: Jari Stehn, Goldman Sachs Chief European Economist, Huw van Steenis, Oliver Wyman Partner and Vice Chair, Greg Fleming, Rockefeller Capital Management President and CEO (Source: Bloomberg)
Bloomberg
11 hours ago
- Business
- Bloomberg
US Economy is Still Resilient, Rockefeller's Fleming Says
Despite recent investor caution, the US remains an exceptional economy says Greg Fleming, CEO and President of Rockefeller Capital Management. He sees the economy remaining resilient, and believes that the productivity gains from AI will transform businesses and help the US economy grow its way out of debt and deficits. Fleming spoke to Francine Lacqua on 'Bloomberg: The Pulse'. (Source: Bloomberg)
Time of India
22-05-2025
- Business
- Time of India
Bengaluru student bites ‘high return' bait, loses Rs 3.7 crore in stock market scam
Bengaluru: A 19-year-old engineering student from Yelahanka New Town lost Rs 3.7 crore in an online stock market scam after falling prey to fraudsters posing as representatives of an investment firm. Zeeshan (name changed) also involved his parents in the scheme after initially receiving small returns. A senior police officer confirmed that the student had transferred ₹3.7 crore across 11 bank accounts. "We are working with banks to freeze the accounts. A few lakhs have been traced so far," the officer said. According to Zeeshan's complaint filed with East CEN police on May 19, he came across a Facebook post in Feb promising high returns on investments in the stock market. After contacting a phone number shared in the post, he was on March 1 added to a WhatsApp group titled 'Wealth Architects', where members discussed trades in Indian and US stock markets. The group was run by individuals using the names Aryan Mehta, Ishan Mehta, and Avni Sharma, who claimed to represent 'Rockefeller Capital'. Zeeshan was persuaded by the activity in the group, including profit claims shared by other members. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo He began sending small amounts like Rs 10,000–Rs 15,000 to the bank accounts provided by the fraudsters. Initial returns credited to his account helped build his trust. Subsequently, Zeeshan was asked to open a demat account through a link shared on WhatsApp, allegedly with a platform called 'Kopernik'. He was guided by someone using the name Nicole Taylor on how to transfer money and monitor profits. Transactions made via RTGS appeared as the balance in the demat account, showing a daily increase of 10–20%. Encouraged by the "profit" shown on the platform, Zeeshan borrowed heavily from his friends and relatives. He showed the returns to his parents , who also began investing through him. Within weeks, Zeeshan had transferred Rs 1.4 crore, with the account reflecting a cumulative Rs 3.8 crore including "profits". The fraud continued with Zeeshan encouraged to apply for an Initial Public Offering (IPO), which promised 10 times returns. His account balance showed Rs 7.7 crore post-IPO. However, when he attempted to sell the shares, he was told he would need to pay a Rs 40 lakh margin to unblock the demat account, claimed to be frozen by the "US Stock Exchange Commission" due to suspicious activity. Zeeshan, who had already "invested" nearly Rs 3.3 crore by then, paid the Rs 40 lakh, but access was still denied. The fraudsters then demanded an additional Rs 78 lakh as a 5% service fee. When Zeeshan asked for the amount to be deducted from the account balance, they refused. At this point, he grew suspicious. Attempts to contact other group members failed as most phones were unreachable. Some messages in the group claimed successful withdrawals post-payment. On May 4, members were told to exit the WhatsApp group, and communications shifted to a Telegram group with 58 members. Zeeshan informed police that the fraudsters remained active on WhatsApp even after he filed the complaint.
Bloomberg
08-05-2025
- Business
- Bloomberg
Stocks Rise as Trump Says ‘Buy' Before China Talks
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are John Belton, Gabelli Funds, Greg Fleming, Rockefeller Capital, Peter Supino, Wolfe Research, Gerrit Marx, CNH CEO, Michael Regan, Bloomberg, Kailey Leinz, Bloomberg News, Aoifinn Devitt, Moneta, Peter Tchir, Academy Securities, Gary Vaynerchuk, Vaynermedia, Monica Guerra, Morgan Stanley, Ryan Serhant, Serhant Founder & CEO, Niki Leondakis, CorePower Yoga. (Source: Bloomberg)
