July 25, 2022 | Daily Business Review
1 Fund, 3 Names and Lots of Questions for BlackRock's 'ESG'BlackRock Chief Executive Officer Larry Fink has taken flak from all sides for promoting environmental, social and governance-style investing.
By Silla Brush
7 minute read
June 22, 2022 | Daily Business Review
BlackRock Urges SEC to Change Climate-Risk Disclosure PlanWhile Republican lawmakers and business groups have submitted letters to the SEC rejecting parts or all of the proposal, the pushback from BlackRock is notable because its the world's biggest asset manager.
By Silla Brush
3 minute read
April 13, 2022 | Daily Business Review
BlackRock Sees $114B in Net Flows Amid Market TurmoilEven as uncertainty mounted over Russia's invasion of Ukraine and the Federal Reserve's response to fast-rising consumer prices, clients continue to pour money into BlackRock's long-term investment products.
By Silla Brush and Annie Massa
3 minute read
January 18, 2022 | Daily Business Review
BlackRock CEO Says Stakeholder Capitalism Isn't 'Woke'"We focus on sustainability not because we're environmentalists, but because we are capitalists and fiduciaries to our clients," Larry Fink said, encouraging companies to prioritize long-term profits over short-term results.
By Silla Brush and Russell Ward
4 minute read
April 10, 2015 | Daily Business Review
Fed Heeds Banks' Warning on Where Next Crisis May Come FromJPMorgan Chase & Co. and BlackRock Inc. have argued for years that a key response to the last financial crisis could help fuel the next one. Global regulators are starting to heed their warnings.
By Silla Brush and Jesse Hamilton
3 minute read
April 10, 2015 | Daily Business Review
Fed Heeds Banks' Warning on Where Next Crisis May Come FromJPMorgan Chase & Co. and BlackRock Inc. have argued for years that a key response to the last financial crisis could help fuel the next one. Global regulators are starting to heed their warnings.
By Silla Brush and Jesse Hamilton
3 minute read