The Competition and Markets Authority said it will launch a formal investigation into BlackRock's acquisition plans
BlackRock (NYSE: BLK), the world's largest asset manager with more than $11.5 trillion in assets under management (AUM), has seen the single biggest insider sale on December 4, 2024.
Britain's competition regulator said on Friday it was launching a probe into asset management firm BlackRock's 2.55 billion pounds ($3.22 billion) acquisition of UK data firm Preqin.
Multimillionaire Cathie Wood Is Buying a BlackRock ETF That Could Soar 164% in 2025, According to This Wall Street Analyst
BlackRock shares have hit an all-time high. Read on to know if its private markets expansion strategy will continue in 2025 and how it will benefit.
A dealmaking splurge by BlackRock in 2024 may continue as the world's largest asset manager is expected to opportunistically look to further expand in private credit, real estate, infrastructure or possibly private equity.
BlackRock's stock (NYSE: BLK) has gained roughly 32% year-to-date, as compared to the 28% rise in the S&P500 index over the same period. In comparison, BlackRock's peer State Street's stock (NYSE: STT) is up 31% year-to-date.
BlackRock Inc , which has struck nearly $30 billion in acquisitions this year, is looking for opportunities to expand its technology capabilities including in the areas of artificial intelligence, the world's largest asset manager's chief operating officer said on Tuesday.
BlackRock, Inc. (NYSE:BLK ) Goldman Sachs 2024 U.S. Financial Services Conference December 10, 2024 2:20 PM ET Company Participants Martin S. Small - Chief Financial Officer Conference Call Participants Alex Blostein - Goldman Sachs Alex Blostein So we'll get started in the interest of time.
The latest trading day saw BlackRock Finance (BLK) settling at $1,046.38, representing a +0.34% change from its previous close.
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BlackRock's Jay Jacobs expects infrastructure and cybersecurity plays to shine in 2025. He cites the artificial intelligence boom as a major catalyst.