BlackRock Inc chief executive Larry Fink says he doesn’t have any new acquisition target in mind for 2025. The world’s largest asset manager made three sizable acquisitions last year: an independent infrastructure fund manager (GIP),
Red State treasurers still look at BlackRock’s CEO Larry Fink with skepticism, but these days less so, and they’ve largely stopped castigating him as a woke monster.
BlackRock Inc. is tapping into a fast-growing corner of the options-powered ETF world with an offering aimed at Wall Street investors bracing for the S&P 500 to tread water.
BlackRock chief executive Larry Fink as revealed he's had discussions with sovereign wealth funds about buying bitcoin..
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
Bitcoin ( BTC 1.30%) had a phenomenal year in 2024. The cryptocurrency returned 119%, easily outperforming the 23% gain in the S&P 500 (SNPINDEX: ^GSPC), which itself is commonly seen as a barometer for the overall U.S. stock market. In fact, only five stocks in the S&P 500 created more wealth than Bitcoin last year.
Six of the worlds largest banks all withdrew from a net-zero banking alliance just weeks apart ahead of President-elect Donald Trump's term.
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
The state's attorney general warned Goldman, JPMorgan, BlackRock, and other heavyweights of possible legal consequences to their diversity policies.
While Trump’s pick to lead the SEC, Paul Atkins, is still awaiting US Senate confirmation, acting chair Mark Uyeda and another Republican commissioner, Hester Peirce, have put the regulator on a more crypto-friendly track, forming a task force and dismantling SAB 121.
There are three market triggers that could cause BlackRock to flip its investment strategy, the asset manager said in a note on Monday.
BlackRock and JPMorgan Chase are two of the most closely watched succession sagas on Wall Street. With full-year earnings looming, the world’s largest asset manager and largest bank were both roiled by major changes to their long-term succession planning on Tuesday.