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blackrock

BlackRock Will Partner With Ukraine To Help Attract Investors, Rebuild Country, Zelenskyy Says

December 28, 2022
Blackrock will partner with ukraine to help attract investors, rebuild country, zelenskyy says - photo licensed by shore news network.

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 …

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AT&T, BlackRock to form commercial fiber-optic platform

December 23, 2022December 23, 2022
At&t, blackrock to form commercial fiber-optic platform - photo licensed by shore news network.

(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, …

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BlackRock to make leadership changes across units (Dec. 14)

December 16, 2022
Blackrock to make leadership changes across units (dec. 14) - photo licensed by shore news network.

(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 …

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Former BlackRock Exec, Obama Official, Frontrunner To Become Biden’s Top Econ Adviser: REPORT

December 16, 2022December 15, 2022
Former blackrock exec, obama official, frontrunner to become biden’s top econ adviser: report - photo licensed by shore news network.

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, …

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JAMES PINKERTON: As BlackRock Becomes BlueRock, A RedRock Is Coming

December 11, 2022
James pinkerton: as blackrock becomes bluerock, a redrock is coming - photo licensed by shore news network.

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 …

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Blackrock says calls for increased overweight in inflation-linked bonds

December 7, 2022December 7, 2022
Blackrock says calls for increased overweight in inflation-linked bonds - photo licensed by shore news network.

(Reuters) – Asset manager Blackrock on Wednesday said that a new regime of greater macroeconomic and market volatility means that investors should demand more compensation …

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BlackRock has frozen hires, reduced spending, says CFO

December 6, 2022December 6, 2022
Blackrock has frozen hires, reduced spending, says cfo - photo licensed by shore news network.

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. …

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BlackRock and Tradeweb Markets partner on credit trading

December 6, 2022December 6, 2022
Blackrock and tradeweb markets partner on credit trading - photo licensed by shore news network.

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 …

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Florida Takes $2 Billion Away From BlackRock Due To Firm’s Activist Investing Standards

December 2, 2022
Florida takes $2 billion away from blackrock due to firm’s activist investing standards - photo licensed by shore news network.

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 …

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BlackRock Investment Institute not chasing post-Powell rally

December 1, 2022
Blackrock investment institute not chasing post-powell rally - photo licensed by shore news network.

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 …

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BlackRock backs banks, cuts European, EM debt as part of ‘new playbook’

November 30, 2022November 30, 2022
Blackrock backs banks, cuts european, em debt as part of 'new playbook' - photo licensed by shore news network.

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 …

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EXCLUSIVE: State Treasurer Who Took On BlackRock Plans Crackdown On Woke Investing As Congressman

November 30, 2022November 29, 2022
Exclusive: state treasurer who took on blackrock plans crackdown on woke investing as congressman - photo licensed by shore news network.

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 …

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BlackRock expands corporate voting choice to more clients

November 2, 2022
Blackrock expands corporate voting choice to more clients - photo licensed by shore news network.

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 …

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BlackRock tells UK ‘no’ to halting investment in coal, oil and gas

October 18, 2022
Blackrock tells uk 'no' to halting investment in coal, oil and gas - photo licensed by shore news network.

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, …

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Government bonds no safe haven in central bank-driven recession -BlackRock

October 17, 2022October 17, 2022
Government bonds no safe haven in central bank-driven recession -blackrock - photo licensed by shore news network.

By Davide Barbuscia NEW YORK (Reuters) – Government bonds may not offer much protection in a recession if surging inflation pressures central banks to continue …

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BlackRock creates Transition Capital unit to tap climate opportunities -memo

October 17, 2022October 17, 2022
Blackrock creates transition capital unit to tap climate opportunities -memo - photo licensed by shore news network.

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 …

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Republican Treasurers Pull $1 Billion From BlackRock Over Alleged Anti-Fossil Fuel Policies

October 11, 2022
Republican treasurers pull $1 billion from blackrock over alleged anti-fossil fuel policies - photo licensed by shore news network.

  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 …

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Louisiana to remove $794 million from BlackRock funds over ESG drive

October 5, 2022October 5, 2022
Louisiana to remove $794 million from blackrock funds over esg drive - photo licensed by shore news network.

(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 …

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BlackRock CFO Gary Shedlin to step down next year

October 3, 2022October 3, 2022
Blackrock cfo gary shedlin to step down next year - photo licensed by shore news network.

(Reuters) – BlackRock Inc said on Monday Chief Financial Officer Gary Shedlin would step down on or around March 1 after the firm completes its …

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BlackRock CEO Hails High Energy Prices For ‘Accelerating’ Green Transition

September 21, 2022
Blackrock ceo hails high energy prices for ‘accelerating’ green transition - photo licensed by shore news network.

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 …

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BlackRock, bondholders must cancel Zambia debt -economists, experts

September 16, 2022September 16, 2022
Blackrock, bondholders must cancel zambia debt -economists, experts - photo licensed by shore news network.

JOHANNESBURG (Reuters) – Over 100 economists and development experts on Friday called for asset manager BlackRock and other holders of Zambian bonds to cancel some …

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Former Hollywood executive gets 6 years prison for defrauding BlackRock fund

September 9, 2022

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 …

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BlackRock defends work with climate groups amid Republican attacks

September 7, 2022
Blackrock defends work with climate groups amid republican attacks - photo licensed by shore news network.

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 …

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‘May Violate Multiple State Laws’: Republican AGs Demand BlackRock Answer For Pushing ESG On State Pension Funds

August 5, 2022
‘may violate multiple state laws’: republican ags demand blackrock answer for pushing esg on state pension funds - photo licensed by shore news network.

‘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 …

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West Virginia threatens to bar big banks, Blackrock over perceived fossil fuel boycotts

June 14, 2022
West virginia threatens to bar big banks, blackrock over perceived fossil fuel boycotts - photo licensed by shore news network.

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 …

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Sierra Club warns BlackRock it may pull $12 million over climate stance – letter

May 24, 2022
Sierra club warns blackrock it may pull $12 million over climate stance - letter - photo licensed by shore news network.

By Simon Jessop and Ross Kerber LONDON/BOSTON – Leading U.S. environmental group the Sierra Club has warned BlackRock Inc it may pull a $12 million …

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BlackRock, JPMorgan, others tell Texas they don’t boycott energy companies

May 19, 2022
Blackrock, jpmorgan, others tell texas they don't boycott energy companies - photo licensed by shore news network.

By Ross Kerber (Reuters) – BlackRock Inc, JPMorgan Chase & Co and other top financial firms have told a Texas official they are not boycotting …

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BlackRock says it has more than $800 million for new impact fund

May 11, 2022
Blackrock says it has more than $800 million for new impact fund - photo licensed by shore news network.

By Ross Kerber (Reuters) – Top asset manager BlackRock Inc said on Wednesday it has more than $800 million in commitments for a new impact …

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KKR, BlackRock get approval to invest Chinese funds overseas

May 10, 2022
Kkr, blackrock get approval to invest chinese funds overseas - photo licensed by shore news network.

By Selena Li HONG KONG – KKR and BlackRock have received Chinese regulatory approvals allowing their newly formed local units to raise funds for investing …

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BlackRock cuts back on China exposure on macro, geopolitical concerns

May 9, 2022
Blackrock cuts back on china exposure on macro, geopolitical concerns - photo licensed by shore news network.

LONDON – BlackRock trimmed its exposure to Chinese stocks and government bonds, and Asian fixed income more widely, to neutral from a slight overweight, citing …

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Blackrock sees opportunity for three new renewable energy funds

April 13, 2022
Blackrock sees opportunity for three new renewable energy funds - photo licensed by shore news network.

SAO PAULO – Blackrock Inc’s CEO Larry Fink said on Wednesday the world’s biggest asset manager forecasts the launch of three infrastructure funds focused on …

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Exclusive: BlackRock plans first China ETF product this year -sources

April 13, 2022
Exclusive: blackrock plans first china etf product this year -sources - photo licensed by shore news network.

By Selena Li HONG KONG – BlackRock Inc plans to launch its first product in China’s $220 billion onshore exchange-traded fund (ETF) market later this …

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U.S. recession not imminent despite yield curve inversion, BlackRock executive says

April 8, 2022
U. S. Recession not imminent despite yield curve inversion, blackrock executive says - photo licensed by shore news network.

NEW YORK – A U.S. recession is not imminent despite the inversion of a part of the U.S. Treasury yield curve which has been “artificially …

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BlackRock on hunt for Gulf infrastructure deals

March 30, 2022
Blackrock on hunt for gulf infrastructure deals - photo licensed by shore news network.

By Saeed Azhar DUBAI – BlackRock Inc, the world’s biggest money manager, is seeking more infrastructure deals in Saudi Arabia and the Gulf region and …

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BlackRock favors U.S., Japanese equities vs European

March 28, 2022
Blackrock favors u. S. , japanese equities vs european - photo licensed by shore news network.

(Reuters) – BlackRock said on Monday in a market strategy research note that it now favors U.S. and Japanese equities over European stocks due to …

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Insurer AIG says BlackRock will manage part of life and retirement unit’s assets

March 28, 2022
Insurer aig says blackrock will manage part of life and retirement unit's assets - photo licensed by shore news network.

(Reuters) – Insurer American International Group Inc said BlackRock Inc, the world’s largest asset manager, will manage $60 billion of its global investment portfolio and …

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BlackRock says working to ensure clients can exit Russian securities

March 1, 2022
Blackrock says working to ensure clients can exit russian securities - photo licensed by shore news network.

– Top asset manager BlackRock Inc said on Tuesday it is consulting with regulators, index providers and other market participants “to help ensure our clients …

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BlackRock says it is monitoring regulatory guidelines as Russia invades Ukraine

February 24, 2022
Blackrock says it is monitoring regulatory guidelines as russia invades ukraine - photo licensed by shore news network.

– BlackRock Inc said on Thursday it is “monitoring the guidelines issued by regulators” after Russia invaded Ukraine. Asked about the potential impact on its …

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Blackrock increases its strategic overweight on equities

February 22, 2022February 22, 2022
Blackrock increases its strategic overweight on equities - photo licensed by shore news network.

– Asset manager Blackrock said on Tuesday that it has increased its strategic overweight on equities, as an early-2022 selloff created “compelling opportunity.” “We see …

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BlackRock raises stake in scandal-hit French care group Orpea’s capital

February 9, 2022
Blackrock raises stake in scandal-hit french care group orpea's capital - photo licensed by shore news network.

PARIS -Asset manager BlackRock crossed the 5% threshold in scandal-hit French elderly care home operator Orpea folllowing the purchase of shares on and off the …

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BlackRock pledges to help clients navigate, shape net-zero transition

February 3, 2022
Blackrock pledges to help clients navigate, shape net-zero transition - photo licensed by shore news network.

By Simon Jessop and Ross Kerber LONDON – The world’s biggest asset manager BlackRock said it will increase the products and services it offers to …

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Consumer Group Warns Governors About BlackRock Retirement Funds Relying On Chinese Companies

December 3, 2021

A consumer group has sent letters to multiple governors warning them about their states’ pension funds relying on an investment corporation with strong ties to …

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