BlackRock has announced the appointment of Andrew Ang, PhD, as a Managing Director and Head of the Factor-Based Strategies Group.
BlackRock is one of the world's leading providers of investment, advisory and risk management solutions.
CEO Larry Fink said last year that he’d spent 'hundreds of millions of dollars rebooting' BlackRock’s stockpicking business.
Bank of America hired corporate-debt trader Deets Sankaranarayan from Goldman Sachs, according to people familiar with the matter.
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.
Money is flowing to asset managers as low interest rates create challenges for investors, BlackRock chief Laurence Fink tells CNBC.
I'm going sit right down and right myself a letter.
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.
Former executives from BlackRock and Element Capital Management are looking to mix computer programs and traditional money management for their new macro hedge fund.
A New York state appeals court on Thursday approved Bank of America's $8.5bn settlement with mortgage securities investors in its entirety.
Big money managers led by Fidelity Investments are close to launching a private trading venue designed to let them buy and sell large blocks of stock without the involvement of Wall Street firms and high-speed traders, according to people familiar with the matter.
Bank of America’s Merrill Lynch unit was sued by a Portuguese investment firm over a share sale that’s being probed by Italian regulators for potential market abuse.
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.
Luminex Trading & Analytics, the dark-pool operator owned by some of the world’s biggest asset managers, has hired Jonathan Clark as its CEO, according to a company statement.
BlackRock has announced that Gary S. Shedlin, a long-time strategic and financial advisor to BlackRock, will join the Firm as Senior Managing Director and Chief Financial Officer.
BlackRock has agreed to purchase an $87bn money-market fund business from Bank of America as it builds scale in an industry grappling with new regulations.
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.
Sad to report.
Business Week magazine has an excellent article about US money manager BlackRock and co-founder / CEO Larry Fink.
Here's a few links to some interesting Bloomberg, CNBC, New York Post, New York Times and Reuters stories currently doing the rounds.
BlackRock has announced that Jeffrey Rosenberg has joined the Company as a Managing Director and Chief Investment Strategist for Fixed Income.
Prudential Financial’s investment-management subsidiary agreed to buy a unit from Deutsche Bank to expand in India.
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.
Peter Benoist, the head of U.S. distressed-debt trading at Barclays, left the bank, according to two people with knowledge of the move.