Business
BlackRock to list Bitcoin exchange-traded product in Europe
BLACKROCK, the world’s largest asset manager, is preparing to list an exchange-traded product (ETP) tied directly to Bitcoin in Europe,…
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BlackRock
Business
Vanguard’s record fee cuts tighten screws on BlackRock, Invesco
VANGUARD Group’s biggest salvo yet in its campaign to cut fees for the investing masses presents industry rivals with a painful choice.…
Fashion
BlackRock plans to hire 1,200 people for ramp-up in India
BLACKROCK plans to hire nearly 1,200 people to expand two support hubs in India and build out its artificial intelligence (AI)…
Business
BlackRock faces new deadline from US regulator over bank stakes
BLACKROCK is facing a new demand from a top US regulator over its stakes in banks after the asset manager failed to meet a January…
News
BlackRock leaves major climate group amid Wall Street exodus
BLACKROCK is parting ways with one of the world’s biggest climate investor groups after being targeted by Republican politicians for its…
Business
BlackRock to cut about 1% of its employees; asset managing giant has over 20,000 staff
BLACKROCK told employees it’s cutting roughly 1 per cent of its workforce after it committed more than US$25 billion for acquisitions last…
Business
BlackRock becomes Yangzijiang Shipbuilding’s substantial shareholder
Asset manager acquires 10.8 million shares of maritime vessel maker for an unknown amount of consideration ASSET manager BlackRock is…
Business
World’s biggest asset manager BlackRock is now Yangzijiang Shipbuilding substantial shareholder
BlackRock, which manages over US$10 trillion in assets, acquires 10.8 million shares of maritime vessel maker to raise its deemed interest…
Business
BlackRock is near deal to buy private credit manager HPS
BLACKROCK is nearing a deal to buy HPS Investment Partners, a purchase that would vault the firm into the top ranks of private credit as…
Business
BlackRock has deal to buy private credit manager HPS: report
BLACKROCK has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday (Nov 27).…
Business
BlackRock targets money-market fund business in new ETF push
BLACKROCK is throwing its weight behind an early push to bring exchange-traded funds (ETFs) to money-market investors. The…
Business
BlackRock in talks to buy minority stake in Millennium: sources
BLACKROCK is in early-stage talks with Millennium Management about a strategic tie-up that could involve acquiring a minority stake in the…
Business
BlackRock readies US$1.3 billion private credit continuation fund
BLACKROCK is setting up a private credit loan fund that will allow it to raise as much as US$1.3 billion it can distribute to existing…
Business
BlackRock gets nod from Saudi Arabia for regional HQ in Riyadh
BLACKROCK received approval from Saudi Arabia to set up its regional headquarters in Riyadh, the latest sign that the kingdom is having…