BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump ...
Vanguard takes steps to convince the government it’s not too powerful
The FDIC director says a new "passivity agreement" with Vanguard is a victory over "the concentration of power in a few ...
AOL3d
BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
As part of its strategy to prevent similar collapses in the future, the FDIC is no longer letting the so-called Big Three asset money managers—BlackRock, Vanguard and State Street—self-attest ...
BlackRock executive Mark Wiedman to leave firm, sources say
Asset manager BlackRock's senior executive Mark Wiedman, who was touted to be a potential successor to CEO Larry Fink, is ...
Institutional Investor2d
BlackRock Gets FDIC Extension as Asset Managers Wait for a New Regulatory Regime
Late last year Vanguard Group entered into an agreement with the Federal Deposit Insurance Corporation as the regulator ...
Fortune4d
BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
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FDIC grants BlackRock extension to strike deal on bank control
The Federal Deposit Insurance Corp. granted nonbank investment firm BlackRock an extra month to come to an agreement with the ...
Pensions&Investments4d
BlackRock senior executive and potential Fink successor Mark Wiedman departing firm
Wiedman, who joined BlackRock in 2004 to help build the firm’s Financial Markets Advisory Group, was seen as one of a handful ...