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 ...
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.
Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
The violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target ...
Institutional Investor1d
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 agrees to new ESG disclosures in Tennessee settlement
Asset manager BlackRock agreed to new disclosure requirements about its use of sustainable-investment factors as part of a ...
Pensions&Investments13h
Tennessee, BlackRock settle lawsuit over ESG case
The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee ...
BlackRock executive Mark Wiedman to leave firm, sources say
Asset manager BlackRock's senior executive Mark Wiedman, who was touted to be a potential successor to CEO Larry Fink, is ...
EconoTimes5h
BlackRock Settles ESG Disclosure Dispute with Tennessee Attorney General
BlackRock, the worlds largest asset manager with $11.6 trillion under management, has reached a settlement with Tennessee ...
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 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 ...
AOL2d
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 ...
Yahoo Finance2d
BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
Asset manager BlackRock, which today reported it's managing a record $11.6 trillion in assets, is reportedly delaying plans to sign an agreement with the FDIC that would provide the regulator with ...