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 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 ...
Hosted on MSN2mon
Vanguard Dethrones BlackRock As Second Largest ETF Manager: Here's How Their Funds With Exposure To S&P 500 Fared This Year
Vanguard’s broader S&P 500 vehicle holds $1.28 trillion in assets, ranking as the second-largest investment fund globally. Meanwhile, the net assets held by BlackRock’s IVV ETF is $540.10 Billion ...
bankingdive5d
BlackRock wants FDIC to push back passivity agreement deadline to March
The asset manager’s head of U.S. regulatory affairs warned against “hastening the finalization of a completely new regulatory ...
Vanguard’s Huge 2024 ETF Growth Narrows Gap With BlackRock
The competition is particularly fierce in S&P 500 index funds, in which the Vanguard S&P 500 ETF (VOO) attracted $116.2 ...
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 ...
American Banker2d
FDIC grants BlackRock extension to strike deal on bank control
The Federal Deposit Insurance Corp. granted nonbank investment firm BlackRock an extra month to come to an agreement with the ...