BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump ...
Institutional Investor12d
BlackRock Gets FDIC Extension as Asset Managers Wait for a New Regulatory Regime
Late last year Vanguard Group entered into an agreement with the Federal Deposit Insurance Corporation as the regulator ...
BlackRock, Tennessee settle lawsuit over firm’s ‘misleading’ ESG strategy
The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.
U.S. News & World Report1mon
ETF Dividends: Vanguard vs. BlackRock
Vanguard and BlackRock offer dividend exchange-traded funds with unique benchmarks and screening methodologies. Dividend ETFs use varying strategies, such as focusing on growth of shareholder ...
BlackRock is trying to avoid the hot seat as GOP takes power
The world’s biggest money manager is trying to avoid some political headaches as Donald Trump and the GOP take over all of ...
InvestmentNews11d
BlackRock reaches settlement with Tennessee over ESG strategy
The lawsuit filed in 2023 alleged unfair impact on the asset management giant's non-ESG funds due to its involvement in ...
The race to succeed Larry Fink just got a little more interesting as a top contender exits BlackRock
The BlackRock veteran Mark Wiedman is planning his exit from the firm, shaking up the race to succeed CEO Larry Fink.
BlackRock Executive Mark Wiedman to Leave Firm, Sources Say
Wiedman's departure, reported by the Financial Times earlier on Tuesday, comes a year after another executive, Salim Ramji, ...
BlackRock assets hit record $11.6 trillion in fourth quarter
BlackRock posted a 21% fourth quarter jump in profit after buoyant equity markets increased income from fees and drove its ...