BlackRock Will Partner With Ukraine To Help Attract Investors, Rebuild Country, Zelenskyy Says John Hugh DeMastri on December 28, 2022 The Office of Ukrainian President Volodymyr Zelenskyy announced Wednesday that…
(Reuters) – Wireless carrier AT&T Inc and fund manager BlackRock Inc are forming a joint venture to operate a fiber-optic platform in the United States, the companies said on Friday.…
(This Dec.14 story has been corrected to say that Gary Shedlin, Mark McCombe and Rob Fairbairn will step down from BlackRock’s global executive committee, not step down as vice chairmen,…
Former BlackRock Exec, Obama Official, Frontrunner To Become Biden’s Top Econ Adviser: REPORT John Hugh DeMastri on December 14, 2022 Deputy Treasury Secretary Wally Adeyemo, a former Obama-era Treasury official…
JAMES PINKERTON: As BlackRock Becomes BlueRock, A RedRock Is Coming James P. Pinkerton on December 10, 2022 As with everything else in this country, investment is polarizing, red vs. blue.…
(Reuters) – Asset manager Blackrock on Wednesday said that a new regime of greater macroeconomic and market volatility means that investors should demand more compensation for taking the same levels…
By Carolina Mandl NEW YORK (Reuters) -BlackRock Inc Chief Financial Officer Gary Shedlin on Tuesday said his firm is freezing most hiring and reducing expenses. “We’re trying to be a…
NEW YORK (Reuters) – The world’s largest asset manager BlackRock Inc and trading platform Tradeweb Markets Inc are partnering to enhance electronic bond trading, the companies said on Tuesday. Users…
Florida Takes $2 Billion Away From BlackRock Due To Firm’s Activist Investing Standards Jack McEvoy on December 1, 2022 Florida’s Chief Financial Officer Jimmy Patronis announced Thursday that the state…
LONDON (Reuters) -BlackRock Investment Institute is not “chasing” the stock rally triggered by Federal Reserve chief Jerome Powell’s latest comments because U.S. interest rates are still likely to stay elevated,…
By Davide Barbuscia and Marc Jones NEW YORK (Reuters) -Asset manager BlackRock has said 2023 will require a new investment playbook, backing banks and energy sectors to do well, while…
EXCLUSIVE: State Treasurer Who Took On BlackRock Plans Crackdown On Woke Investing As Congressman Jack McEvoy on November 29, 2022 During his time as West Virginia State Treasurer, Moore prioritized…
By Simon Jessop and Ross Kerber LONDON/NEW YORK (Reuters) – BlackRock, the world’s biggest asset manager, said on Thursday it would expand the number of clients eligible to choose how…
LONDON (Reuters) – BlackRock, the world’s biggest asset manager, told a British parliamentary committee that it will not stop investing in coal, oil and gas, and that its role was…
By Davide Barbuscia NEW YORK (Reuters) – Government bonds may not offer much protection in a recession if surging inflation pressures central banks to continue tightening monetary policy, the BlackRock…
By Simon Jessop LONDON (Reuters) – BlackRock, the world’s biggest asset manager, has set up a unit called Transition Capital to invest in opportunities linked to the global shift to…
Republican Treasurers Pull $1 Billion From BlackRock Over Alleged Anti-Fossil Fuel Policies Jack McEvoy on October 10, 2022 UPDATE: This piece has been updated to include comment from a…
(Reuters) – Louisiana will pull $794 million out of BlackRock Inc’s funds, state Treasurer John Schroder said on Wednesday, citing the asset management giant’s push to embrace environmental, social and…
(Reuters) – BlackRock Inc said on Monday Chief Financial Officer Gary Shedlin would step down on or around March 1 after the firm completes its reporting processes for the fiscal…
BlackRock CEO Hails High Energy Prices For ‘Accelerating’ Green Transition Harold Hutchison on September 20, 2022 BlackRock CEO Larry Fink said during a forum at the Clinton Global Initiative that…
JOHANNESBURG (Reuters) – Over 100 economists and development experts on Friday called for asset manager BlackRock and other holders of Zambian bonds to cancel some of that debt, saying continuing…
By Jonathan Stempel NEW YORK (Reuters) -The former head of a Hollywood movie distributor whose films have starred actors such as Halle Berry and Matthew McConaughey was sentenced on Friday…
By Ross Kerber BOSTON (Reuters) – A BlackRock Inc executive said the top asset manager’s work with investment industry groups doesn’t prevent it from making independent decisions for clients, looking…
‘May Violate Multiple State Laws’: Republican AGs Demand BlackRock Answer For Pushing ESG On State Pension Funds ‘May Violate Multiple State Laws’: Republican AGs Demand BlackRock Answer For Pushing ESG…
By Pete Schroeder WASHINGTON – Six of the nation’s largest financial institutions, including JPMorgan Chase, BlackRock Inc, and Wells Fargo, may no longer be allowed to do business with the…