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.
Institutional Investor12d
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 ...
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 ...
Vanguard fund close to toppling world's largest ETF
With sticky investors and strong initial inflows for 2025, the S&P 500 tracking ETF is threatening the decades-long reign of ...
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The Impact of BlackRock's Exit From Key Climate Initiative
Following BlackRock's departure, the Net Zero Asset Managers initiative pauses operations to reassess its future direction ...
BlackRock's Strong ETF Flows Propel AUM to $11.55 Trillion in 2024
ETF inflows powered the asset manager's full-year earnings results to the tune of $641 billion; meanwhile, a potential ...
Benefits Pro13d
Climate group Net Zero Asset Managers suspends operations, in wake of BlackRock’s exit
BlackRock dropped out of the United Nations-backed climate change investing initiative, which was followed by NZAM suspending ...
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 ...