• BlackRock CEO Larry Fink: The idea that money managers like us are not heavily regulated 'must be coming from bankers'

    3 days ago - By Business Insider

    Summary List Placement BlackRock is a titan of investing, unparalleled in its scale and influence as a money manager. It has avoided the same scrutiny as Wall Street banking giants, even if just by the Federal Reserve, that came out of the global financial crisis as villainized and more supervised.
    But the idea that it has escaped the close eye from regulatory bodies in the US or abroad is flawed, BlackRock Chief Executive Larry Fink said Thursday as he defended his firm's place in the industry on a call with analysts.
    "It does feel like after being pretty quiet and dormant for a bunch of...
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  • Trump bank regulator incurs Wall Street ire on his way out the door

    Trump bank regulator incurs Wall Street ire on his way out the door

    3 days ago - By CNBC

    The Office of the Comptroller of the Currency finalizes a controversial rule about bank lending and financial services that a Wall Street strongly opposes.
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