Source: BlackRock head of global client business, Mark Wiedman, is leaving the firm
CNBC's Leslie Picker joins 'Power Lunch' with breaking news from BlackRock.
BlackRock Executive Seen as Leading CEO Contenderto LeaveFirm
Mark Wiedman was most recently head of BlackRock's global client business
OpenAI adds BlackRock exec Adebayo Ogunlesi to board of directors
OpenAI said Tuesday that Adebayo Ogunlesi, founding partner of Global Infrastructure Partners, or GIP, is joining its board. It's OpenAI's latest move in its push toward a for-profit structure.
Rise in AUM, GIP Buyout Likely to Support BlackRock's Q4 Earnings
The GIP acquisition and an increase in AUM balance are expected to have aided BLK's Q4 earnings.
BlackRock's Rick Rieder: Unless employment starts to soften, rates aren't going to come down
Rick Rieder, BlackRock CIO of global fixed income, joins CNBC's 'Closing Bell' to discuss whether the bull market has taken a turn for the worse with a backup in rates.
BlackRock: Not Buying The Dip Ahead Of Q4 Earnings
BlackRock's Q4 2024 earnings report is expected to show strong YoY growth, thanks to higher equity markets and strong inflows. 2024 was a record year for BlackRock, driven by successful ETF launches, particularly the iShares Bitcoin Trust, which attracted significant inflows. Despite a recent stock price correction, BlackRock's valuation remains above its historical average, and market sentiment is too negative on the financial sector due to the rise in 10-year bonds.
FDIC Gives BlackRock New Deadline to Resolve Banking Oversight Questions
Asset manager BlackRock is reportedly facing a new deadline over its investments in government-backed banks. The company had missed a Jan. 10 deadline issued by the Federal Deposit Insurance Corp. (FDIC) and now has until Feb. 10 to resolve an issue related to the firm's oversight of its banking investments, Bloomberg News reported Sunday (Jan.
A Russell 2000 Bull Market Could Be Coming: 1 Spectacular BlackRock ETF to Buy Hand Over Fist Before It Gets Here
The Russell 2000 index is home to approximately 2,000 of the smallest companies listed on U.S. stock exchanges. While the major market indexes like the S&P 500 (SNPINDEX: ^GSPC) have soared to new highs recently, the Russell still technically hasn't grown because it hasn't closed above its previous record level from 2021.
UN chief upset Blackrock quit climate group, urges others to stay
U.N. Secretary-General Antonio Guterres is disappointed that the world's biggest asset manager, BlackRock BLK.N, has left a global initiative to combat climate change, his spokesperson said on Friday, urging other companies to "stay the course."
BlackRock Plans Headcount Reduction by 1% Under Strategic Realignment
BLK intends to reduce its staff by about 1% to reallocate its resources to its strategic priorities to build a dynamic organization.
BlackRock Finance (BLK) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Beyond analysts' top -and-bottom-line estimates for BlackRock Finance (BLK), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Why these ETF bets in stocks and bonds may pay off in 2025, according to BlackRock
Heading into 2025, ETF investors appeared enthusiastic about prospects for the U.S. bull market to keep running.
