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Faraday's future closed up 1.45% on the first day of listing and broke once intraday
Related news: Jia Yueting is about to sell cut chives again (video) Jia Yueting is making a comeback! This is an extremely dangerous sign! Jia Yueting has finally gone bankrupt! Having cashed out 20 billion dollars and harvesting 2 big players, 19 stars, 17 institutions, and 260,000 shareholders, Faraday closed 1.45% on the first day of listing, to $13.98, with a market capitalization of 4.5 billion US dollars. There was an intraday break and a drop of more than 5%.
The former Lehman trader left the "boring" investment bank to set up online financial services worth as much as $6.7 billion.
It took Nikolay Storonsky seven years to leave investment banking. He worked at Lehman Brothers and Credit Suisse in his 20s and left the industry in 2013. "as a banker, this has reached my limit," Storonsky, who traded securities derivatives for the two banks in London, told Bloomberg in 2017. "it became very boring." Storonsky from Russia co-founded Revolut Ltd., which provides online financial services, in part because of career discomfort. Last week, Revolut raised
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