BlackRock departs climate investment group
Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect any individual decisions signatories take,
BlackRock quits climate change group in latest green climbdown
BlackRock has become the latest financial firm to bail out of a big climate change industry group in the wake of Donald Trump’s election as US president and heightened regulatory scrutiny. The world’s largest money manager told institutional clients in a letter on Thursday that it had quit Net Zero Asset Managers,
BlackRock quits climate group, Reuters reports
BlackRock (BLK) is exiting the Net Zero Asset Managers initiative, Reuters’ Ross Kerber reports. “Our memberships in some of these
BlackRock quits climate group in Wall Street's latest environmental step-back
BlackRock, the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers initiative, Wall Street's latest environmental step-back amid antitrust concerns raised by Republican politicians.
BlackRock bows out of climate group amid antitrust concerns
BlackRock (NYSE:BLK), the U.S.'s largest asset manager, has decided to exit a major climate group, succumbing to pressure from Republican politicians who have criticized the firm's commitment to addressing global warming,
BlackRock drops out of progressive ‘Net Zero’ initiative as pressure grows to ditch ‘woke’ groups
Fink and other top executives had evangelized on the need to use the company’s investing might to force corporations to ...
BlackRock’s private equity pain
BlackRock last year staked its claim in the alternative asset business, spending nearly $30bn to buy two marquee private investment shops, as well as one of the main data providers to the entire ...
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BlackRock leaves Net Zero Asset Managers initiative amid Wall Street exodus
Over the past month, an equivalent coalition for lenders, the Net-Zero Banking Alliance, has seen a mass exodus of U.S.
BlackRock Stares Down FDIC Just Before Deadline Over Bank Stakes
BlackRock Inc. is resisting the Federal Deposit Insurance Corp.’s demands that the world’s largest asset manager submit to ...
BlackRock filing for hedge fund strategy ETF underlines new tilt
Managed futures funds, trend-following “quant” hedge funds run by commodity trading advisers, take both long and short positions in futures contracts linked to equities, bonds, commodities and ...
BlackRock seeks to push FDIC bank oversight deadline to March
BlackRock has asked the U.S. Federal Deposit Insurance Corporation to extend its deadline to reach an agreement on how the ...
$11.5 Trillion BlackRock Recommends As Much As 2% In Bitcoin Comparing It To The Mag 7
New research from the world’s largest asset manager argues that Bitcoin offers unique benefits as a portfolio diversifier ...
The $18.4trn reason to listen to BlackRock’s three lessons in 2025
Wall Street and its biggest investors like the global investment giant influence the ASX more than anything else. That’s why ...
A standoff between BlackRock and FDIC is dragging into 2025
A clash between BlackRock and the FDIC over the money manager’s holdings of US banks will play out in the waning days of ...
BSTZ Could Be A Winner In 2025
BSTZ, a BlackRock-managed fund focused on tech investments, has outperformed the S&P 500 and offers significant potential ...