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Someone wrote a fake letter pretending to be BlackRock CEO Larry Fink and some reporters got duped

A letter purportedly from BlackRock's CEO that urged direct action on climate change is fake, but some media outlets reported the news on the firm's fourth-quarter earnings day.
BlackRock CEO Larry Fink at the Yahoo Finance All Markets Summit in February 2017.

BlackRock, the world’s largest asset manager, is getting smaller

BlackRock, the world's largest asset manager, saw a decline in its assets under management last quarter.

BlackRock and Microsoft want to make retirement investing as easy as ordering an Uber

The tech and finance partners plan to launch a product for companies to offer next year.

MORGAN STANLEY: Big asset managers saw shares take a hit in 2018, and the pain is only beginning

BlackRock is best positioned for long-term growth amid industry headwinds that will pressure the firm's peers, Morgan Stanley says.

BlackRock is buying a stake in a financial technology company to reach more than 90,000 money-managers

The largest asset manager is seeking to get in front of more financial advisors via a partnership with Envestnet.
Marijuana being trimmed at CannTrust's cultivation facility in Ontario, Canada.

Big asset managers like BlackRock are sitting on the sidelines of the $75 billion US marijuana industry because of one big pain point

Marijuana is federally illegal in the US. The federal government could come down hard on a firm of BlackRock's size, as well as the custodians that support these transactions, for flouting the law.
Geraldine Buckingham, BlackRock's pick to lead its Asia-Pacific drive

BlackRock is making changes at the top as the $6.4 trillion manager continues its pivot towards Asia-Pacific

US global investment giant BlackRock has appointed Geraldine Buckingham to lead BlackRock Asia-Pacific.

BlackRock CEO Larry Fink says within the next 5 years all investors will measure a company’s impact on society, government, and the environment ...

BlackRock's Larry Fink says passive and active investors will be using ESG metrics to determine the value of a company, beyond shareholder returns.

BlackRock CEO: US and China are headed toward a ‘full-fledged’ trade war

BlackRock's Larry Fink was speaking at the DealBook conference in New York on Thursday.
Red Hat President and CEO Jim Whitehurst

Here’s who will get richer when IBM buys Red Hat for $34 billion

IBM announced on Sunday it would acquire the software company Red Hat for $190 per share, at a total around $34 billion. Here's how much money Red Hat's top shareholders and executives could make on the deal.