BlackRock is making key leadership changes and combining some teams internally, according to a memo to employees from CEO Larry Fink and President Rob Kapito. The changes follow several major private market-linked acquisitions at BlackRock in the past year: Global Infrastructure Partners,

The recent flames of recognition of Nigerians don't look like they will be off with Adebayo Ogunlesi latest to attract global recognition.

A potential successor to BlackRock CEO Larry Fink is reportedly leaving the firm, narrowing the list of contenders to become the next boss of the world's largest money manager.

OpenAI has appointed an executive at investment firm BlackRock, Adebayo 'Bayo' Ogunlesi, to its board of directors.

BlackRock has reported a strong fourth quarter (Q4 2024 ... and fees on AUM acquired in the Global Infrastructure Partners (GIP) deal. Additionally, higher performance fees and technology service revenue contributed to the growth. Revenues amounted ...

BlackRock's assets hit a record high of $11.6 trillion in the fourth quarter of last year as the world's largest money manager posted a 21% profit jump, helped by fee income buoyed by stronger equity markets.

The Larry Fink-led firm's historic haul, driven by strong ETF flows, comes amid deals to muscle into the alternatives and private assets space.

OpenAI includes Blackrock Inc. executive Adebayo Ogunlesi on its board of directors. The AI startup is hoping to use his expertise to advance the development of its AI infrastructure.

BLACKROCK senior executive Mark Wiedman’s departure is just the latest sign that the hunt for chief executive officer Larry Fink’s replacement looks far different than it did a year earlier. Read more at The Business Times.

BLK's fourth-quarter 2024 results beat estimates on higher revenues and robust assets under management. Yet, high costs and lower non-operating income are woes.

Meanwhile, the World Bank has forecast that trillions of dollars in investments will be needed annually to build sustainable infrastructure in emerging markets and developing economies. The likes of Apollo, Argo, GIP and Brookfield will have plenty to keep them busy.

BlackRock posted a 21% fourth quarter jump in profit after buoyant equity markets increased income from fees and drove its assets to a record high of $11.6 trillion, the world's largest money manager said on Wednesday.