larry fink
Trump says he never discussed Larry Fink, Jamie Dimon for Treasury role
Republican presidential candidate Donald Trump on Tuesday said he had not considered JPMorgan CEO Jamie Dimon or BlackRock's chairman and CEO Larry Fink for the post of Treasury secretary. BlackRock's Larry...
Trump's odd (and interesting) relationship with the money manager who has his ear
According to the old cliché, opposites attract. And there may be no greater example of this than the odd, interesting, and for the country beneficial relationship between Larry Fink and...
BlackRock looks to make monthly paychecks part of 401(k) employee retirement plans
BlackRock is reportedly looking to shakeup employers' default retirement strategies by turning a portion of retirement savings into fixed lifetime payments through target-date funds embedded with annuities.
BlackRock triples spending on security for CEO Larry Fink due to ESG backlash
BlackRock increased spending on private security for CEO Larry Fink more than threefold last year after he came under withering criticism.
BlackRock, Wall Street firms reportedly steered billions to blacklisted Chinese companies
The House Select Committee on the Chinese Communist Party concluded that through investments in index funds, American financial institutions funneled $6.5 billion last year to some 63 Chinese companies flagged...
Start stocking up your savings now – and avoid a retirement crisis
Larry Fink's 2024 letter released last week provides evidence that the country is on the verge of a retirement crisis unless the average American makes some much-needed changes to their...
BlackRock's Larry Fink warns of looming financial crisis facing retirees
BlackRock, which had over $10 trillion in total assets under management at the end of last year, oversees the largest retirement funds in the US.
Texas yanks $8.5B from Larry Fink's BlackRock in 'massive blow against the scam of ESG'
The divestment represents a large share of the $53 billion Texas PSF, a fund created in the 19th century to support the state's public schools.
BlackRock admits CEO's focus on 'woke' ESG activism could 'materially adversely' hit business
The firm has pioneered go-green initiatives thanks to Fink, who has boasted about climate change's long-term threat to the economy during his 50-year career on Wall Street.
BlackRock makes huge bet on infrastructure with $12.5B deal as ESG flounders
Once the deal closes, the firm will hold approximately $150 billion in infrastructure assets.
BlackRock slashing 600 jobs as Larry Fink's firm latest on Wall Street to cut costs
Shares of the asset manager are up about 5% over the last 12 months, well behind the roughly 22% gain in the benchmark S&P 500.
House probe into ESG violations expands to proxy advisors ISS and Glass Lewis
“Corporations are collectively adopting and imposing progressive environmental, social, and governance (ESG)-related goals," Jordan said in a letter explaining his concerns.
Larry Fink blasts Republican candidates after BlackRock criticized at debate
Ron DeSantis criticized the firm in Wednesday's debate for using its "economic power" to instill a "left wing agenda." "The only agenda we have is delivering for our clients," Fink...
Apple CEO Tim Cook spends $40K on Xi Jinping dinner, Elon Musk attends $2K reception
Xi Jinping is in San Francisco this week, and five deep-pocketed US business moguls reportedly spent $40,000 each to dine at the same table as the Chinese president. Following an...
Investment titan BlackRock has taken massive hits because of its use of ESG
The firm is still enormously profitable, though it has recently taken some big hits because of its image as a promoter of progressive utopianism through its use of Environmental Social...
It's only a matter of time until the ESG movement will R.I.P.
“ESG is still popular in Europe,” the adviser tells me. “For US investors these days it’s mostly window dressing at BlackRock. It’s not really used in decision making any more.”
ESG is on its way out — now that investors have been forced to wise up
Investment managers are turning on Environmental, Social, and Corporate Governance investing.
BlackRock's Larry Fink stops using term 'ESG,' says it's become 'weaponized'
But he said dropping references to ESG would not change the stance of the world's largest asset manager.
Inside the woke system pushing companies to endorse celebs like Dylan Mulvaney
The controversial Corporate Equality Index (CEI) scoring system, overseen by the Human Rights Campaign, awards companies beneficial points for moves like endorsing trans influencer Dylan Mulvaney.
Wall Street titans warn of crisis after SVB's failure: 'Canary in the coal mine'
Wall Street titans are sounding the alarm about looming economic trouble.