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BlackRock agrees to pay $12m to settle SEC charge

SEC Building

The Securities and Exchange Commission has charged BlackRock Advisors with breaching its fiduciary duty by failing to disclose a conflict of interest created by the outside business activity of a top-performing portfolio manager.

BlackRock beats the street

Larry Fink Interview Pic

Money is flowing to asset managers as low interest rates create challenges for investors, BlackRock chief Laurence Fink tells CNBC.

FCA drops probe into wife of ex-BlackRock manager

Magnifying Glass

Britain’s Financial Conduct Authority dropped an investigation of Delphine Lyttleton, wife of former BlackRock fund manager Mark Lyttleton, two years after the pair were arrested as part of an insider-trading probe, said a person with knowledge of the situation.


BlackRock Appoint Emerging Markets MD

BlackRock has announced the appointment of Gerardo Rodriguez Regordosa, former Undersecretary of Finance and Public Credit in Mexico, as Managing Director and a senior member of the Firm’s emerging markets leadership team.

Larry Fink Interview Pic

Larry Fink To Square Up Against Jamie Dimon ?

Bill Rubin, BlackRock's senior investment analyst responsible for picking financial-company stocks, didn’t mince words a year ago when he e-mailed JPMorgan Chase right after the bank disclosed a trading loss that ultimately cost more than $6.2bn.


Larry Fink Interview Pic

Top Wall St investor labels BlackRock as 'dangerous'

It was billed as a debate over the merits of shareholder activism, with two lions of Wall Street facing off: Carl Icahn, the billionaire investor, and Laurence Fink, the CEO of BlackRock, one of the world’s largest money management firms.