BlackRock

Blackrock CEO Fink weighs in on Bitcoin ETF rumor

A false rumor rippled through the crypto world on Monday, sending Bitcoin prices higher after a report said the SEC had approved BlackRock's Bitcoin ETF application. CEO Larry Fink weighs in.

GOP attacks Blackrock as Fink pivots on ESG

Congressman Bill Huizenga (R-MI), today sent letters to ten of the largest asset managers requesting how the investing giants balance their ESG initiatives with investor returns.

PacWest sells loan portfolio for over $3.5B

PacWest Bancorp confirmed on Monday the sale of a $3.54 billion loan portfolio to asset firm Ares Management after the LA-based bank began selling real estate loans in May.

Vanguard narrows ETF gap with BlackRock

The Vanguard Group pulled in a net $25.7 billion into its exchange-traded (ETF) fund over the first quarter, fed by $19.1 billion of flows into its equity products.