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Blackrock Newsroom
The USA FDIC requires Blackrock to resolve issues related to bank investment regulation by February 10.
On January 13th, according to Bloomberg citing informed sources, the Federal Deposit Insurance Corporation (FDIC) set a new deadline of February 10th for Blackrock to address issues regarding the investment regulation of Institutions under FDIC supervision. Reports suggest that if Blackrock fails to make sufficient progress in resolving the issues, the FDIC may initiate an investigation into Blackrock and request more information from the company.
Express News | The Fdic Granted a Fresh Deadline of Feb. 10 to BlackRock to Resolve Issue Regarding Oversight of Co’s Stakes in Banks - Bloomberg News
Earnings Week Ahead: JPM, BAC, C, GS, TSM, UNH and More
Two Key Inflation Prints Await Investors as Rate Fears Rattle Markets: What to Know This Week
Express News | Blackrock, MicroStrategy, and Fidelity have collectively bought approximately 100 billion dollars worth of Bitcoin.
Express News | Yesterday, Blackrock IBIT had a net outflow of 0.183 billion USD, making it the third largest net outflow day in history.
Judge Rules American Airlines Violated Retirement-Plan Duties by Encouraging ESG Investing -- WSJ
Catalyst Watch: Bank Earnings, Oil Updates, Powerhouse Conferences in Retail and Healthcare
Express News | In the first year of spot Bitcoin ETF trading, it attracted 37 billion dollars in funding.
Evercore ISI Adjusts Price Target on BlackRock to $1,150 From $1,180, Keeps Outperform Rating
BlackRock on Track for Largest Percent Decrease Since March 2023 -- Data Talk
The 60/40 Portfolio Isn't Doing Its Job. It May Be Time to Ditch Bonds. -- Barrons.com
The yield on 30-year U.S. Treasury bonds has surpassed 5%, and traders have further postponed the expected timing of interest rate cuts.
USA government bonds plummeted, as strong non-farm employment data prompted traders to push back expectations for the Federal Reserve's next interest rate cut to the second half of the year. In December, USA non-farm payrolls saw the largest increase in nine months, and sell-offs pushed the yield curve higher, with the 10-year treasury yield rising to its highest level since 2023, and 2-7 year treasury yields increasing by more than 10 basis points, while the 30-year yield exceeded 5% for the first time in over a year. CreditSights’ head of investment grade and macroeconomic strategy, Zachary Griffiths, noted that after the release of the non-farm employment data, treasury yields increased.
Express News | Blackrock portfolio manager Jeffrey Rosenberg stated that the necessity for the Federal Reserve to cut interest rates has been ruled out, and that financial conditions have weakened the Fed's view of tightening monetary policy.
BlackRock Plans Headcount Reduction by 1% Under Strategic Realignment
BlackRock Asks US FDIC to Extend Deadline on Oversight Agreement
BlackRock in Talks to Sell Stake in the Entertainment Company Authentic Brands - Report
Bad news for ESG! The "flag bearer" Blackrock has also withdrawn.
Trump's return reignites the "anti-ESG" wave as Blackrock announces its withdrawal from the "Net Zero Financial Alliance." As the largest Asset Management firm in the world, Blackrock was once the number one advocate for ESG, with asset management scale related to this theme reaching as high as 1 trillion dollars.
Earnings Preview: Blackrock to Report Financial Results Pre-market on January 15
$Blackrock(BLK.US)$ is scheduled to release its financial results pre-market on January 15 ET. Earnings PreviewAnalysts estimate $Blackrock(BLK.US)$ to post revenue of USD5.63B for 2024Q4, up 21.59%
Express News | Blackrock is reportedly in talks to sell its stake in Authentic Brands Group.