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 ...
Vanguard takes steps to convince the government it’s not too powerful
The FDIC director says a new "passivity agreement" with Vanguard is a victory over "the concentration of power in a few ...
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.
AOL5d
BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
As part of its strategy to prevent similar collapses in the future, the FDIC is no longer letting the so-called Big Three asset money managers—BlackRock, Vanguard and State Street—self-attest ...
US bank regulator gives BlackRock February deadline on bank stakes, Bloomberg reports
The Federal Deposit Insurance Corporation gave a fresh deadline of Feb. 10 to BlackRock to resolve an issue regarding ...
BlackRock Seeks to Push FDIC Bank Oversight Deadline to March
He said in the letter that BlackRock's understanding is that the agreement between the FDIC and Vanguard was reached only ...
Institutional Investor4d
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 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 ...
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 ...
InvestmentNews3d
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 ...
New York Post3d
BlackRock, Tennessee settle lawsuit over firm’s ‘misleading’ ESG strategy
BlackRock and the state of Tennessee on Friday reached a settlement over a lawsuit claiming the asset management firm downplayed how large a role environmental, social and governance proposals ...