BlackRock News

BlackRock's Chief Investment Officer of Global Equities Bob Doll speaks while taking part in a Reuters Investment Outlook Summit in New York December 8, 2009.

As a quick recap: I pointed out the illogical, self destructive, circular relationship between Goldman and its clients/customers as significant monies are lost following bad advice and purchasing trash in the form of financial and investment products.

BlackRock Inc plans to launch a new portfolio giving wealthy individual investors access to normally difficult to obtain hedge funds, the asset manager said in a regulatory filing on Thursday.

Pursuant to the Belgian Law of May 2, 2007 relating to the publication of major shareholdings in listed companies, Delhaize Group , the Belgian international food retailer, has received a notification of the threshold of 3% being crossed by BlackRock, Inc.

Calpers, the biggest U.S. public pension fund, has fired or will sack a number of its real estate portfolio managers amid steep losses for its property assets, according to a report on its web site.

BlackRock Inc. Chief Executive Officer Laurence Fink is worried that some financial regulatory proposals under consideration could do more harm than good.

2. Justification of the flagging announcement: The combined holdings due to BlackRock's acquisition of Barclays Global Investors.

New York-based asset manager, Blackrock , is selling notes worth $2.5 billion in three parts, The Wall Street Journal reports.

Pacific Investment Management Co. hired Neel Kashkari , former head of the U.S. Treasurya s bank- rescue program, to oversee new investment initiatives as the company makes its biggest push into actively managed equities.

A customer uses a Bank of America ATM in Charlotte, N.C., Friday, July 17, 2009.

As part of Bank of Americaa s plan to repay its bailout funds under the Troubled Asset Relief Program, the Federal Reserve is requiring the Bank of America to decide which businesses it can sell to generate capital by the beginning of the Summer.

Now that Bank of America Corp. is freeing itself from the government restrictions that hampered its search for a new CEO, the company should look more appealing to prospective candidates, especially those from outside the company.

Bank of America Corp's planned repayment of $45 billion in U.S. bailout funds opens a cornucopia of potential CEO candidates, as the company looks to emerge from nearly a year of intensive government oversight.

BlackRock, Inc. today announced that it has completed its merger with Barclays Global Investors , including the market-leading iShares@ exchange traded funds business.

Investment manager BlackRock Inc. said Tuesday that it has completed its acquisition of Barclays Global Investors, including the purchase of the iShares exchange traded funds business.

Anthracite Capital Inc. on Tuesday said it defaulted on debt payments, and the specialty finance company may not be able to continue to operate.

Gold jumped to a record above $1,200 an ounce in New York as declines in the dollar and higher commodity prices spurred investor demand for an inflation hedge.

BlackRock Inc. plans to eliminate 89 jobs based in San Francisco by Jan. 8, according to a filing with the California Employment Development Department.

Marathon Asset Management LP will get money from a government program to buy toxic assets from banks without raising the full $500 million set as a minimum for participation, a Treasury official said.

In the wake of the potentially crippling state appeals court decision over rent destabilization at Stuyvestant Town and Peter Cooper Village last month, the complex's owners are creeping closer and closer to default.