Blackstone Becomes the First Private Equity Firm to Manage $1 Trillion in Assets
Private equity firms have long wanted to enter the exclusive club of managing $1 trillion in assets, a...
BlackRock
BlackRock
BlackRock Appoints Saudi Aramco Chief Amin Nasser as Independent Director
Amin Nasser, the head of Saudi Aramco has been appointed as an independent director by BlackRock, the top...
SEC Accepts Blackrock’s Bitcoin ETF Application Paving the Way for Mainstream Adoption
The United States Securities and Exchange Commission (SEC) has made a groundbreaking decision. SEC accepts Blackrock’s Bitcoin ETF...
Byju’s Valuation Takes Another Hit as BlackRock Marks Down Fair Value
BlackRock, the world’s largest asset management company, has once again lowered the fair value of Byju’s, the leading...
BlackRock to offload $114 billion in distressed bank securities
US regulators have enlisted BlackRock Inc. to aid in the sale of $114 billion in securities obtained from...
Morgan Stanley and BlackRock Funds at Risk as Regional Banks Collapse
Morningstar data indicates that mutual funds managed by Morgan Stanley, Fidelity, and BlackRock could be among those most...
JPMorgan’s Bold Move: Adani Group’s Stocks Removed from ESG Fund
JPMorgan Chase & Co.’s asset management unit has sold off its holdings in Adani empire from its ESG...
TSMC shares take a hit as Berkshire Hathaway and other major players sell off holdings
In the fourth quarter of last year, several major investment firms, including Tiger Global Management, GQG Partners, Capital...
Blackrock increases stake in crypto-friendly bank Silvergate
Blackrock, an investment management company, increases its stake in crypto-friendly bank Silvergate to 7.2%. Silvergate is a crypto-friendly...
BlackRock intends to fire 500 workers, or about 2.5% of its global workforce
Approximately 2.5% of BlackRock Inc.’s global workforce will be let go, or about 500 workers, after the largest...