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BlackRock denied any wrongdoing. The firms have facilitated the flow of American capital into companies the U.S. government had found guilty of fueling China's military advancement or human rights ...
The chairman of a U.S. congressional committee on China held out the possibility on Thursday of subpoenas for executives from asset management firm BlackRock and index provider MSCI if they do not ...
BlackRock Inc's majority-owned China asset management unit has named Hua Fan, former chief investment officer of China Merchant Bank's wealth management business, as its new general manager ...
BlackRock, JPMorgan, Fidelity and E Fund Management posted a 14 per cent to 20 per cent decline in their flagship equity funds from July to September, according to Bloomberg data.
BlackRock, Inc. is an American multinational investment company.Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$11.5 trillion in assets under management as of December 31, 2023. [1]
Sales by the top 100 developers in mainland China had fallen by about 33 per cent year on year in July 2023, according to China property consultancy CRIC. [70] According to analysts, a rise in default by "shadow banks" (as trust companies are also known) with strong ties to the Chinese property sector would add pressure to the real estate ...
The House Select Committee on Strategic Competition between the United States and the Chinese Communist Party (CCP) announced an investigation into investment firm BlackRock on Tuesday. In a ...
In December 2009, BlackRock purchased Barclays Global Investors, at which point the company became the largest money-management firm in the world. [3] Despite his great influence, Fink is not widely known publicly, apart from his regular appearances on CNBC. [3] BlackRock paid Fink $23.6 million in 2010, [19] and $36 million in 2021. [20]