BlackRock News

Larry Fink of BlackRock Highlights Impending Insurance Crisis Post LA Wildfires

BlackRock's CEO Larry Fink warns of a looming insurance crisis in the U.S. following the LA fires, which have caused significant damage and loss. Amidst this, BlackRock reports a 2...

BlackRock Reports a Stunning 23% Revenue Jump to $5.68 Billion in Q4 2024

BlackRock Inc. announced a 23% revenue increase to $5.68 billion in Q4 2024, with a 16% rise in EPS to $10.63. The firm's net income grew by 21% to $1.67 billion, and AUM reached $...

BlackRock's Future Leadership Shaken as Key Executive Mark Wiedman Announces Departure

Mark Wiedman, a key executive at BlackRock and potential successor to CEO Larry Fink, is leaving the firm. His departure, reported by the Financial Times, raises questions about Bl...

BlackRock Launches Groundbreaking Bitcoin ETF on CBOE Canada: A New Era for Crypto Investments

BlackRock has launched the iShares Bitcoin ETF on CBOE Canada, symbol IBIT, offering Canadian investors a convenient and cost-effective way to invest in Bitcoin. This move simplifi...

BlackRock's Acquisition of Preqin Under UK Regulatory Scrutiny

The UK's Competition and Markets Authority has initiated a merger inquiry into BlackRock's proposed acquisition of Preqin Ltd, following a preliminary review. The phase 1 decision ...

BlackRock Suggests Bitcoin Could Make Up 2% of Your Portfolio

BlackRock suggests investors allocate up to 2% of their portfolio to Bitcoin, citing its potential for diversification despite risks. The firm also highlights the success of its Bi...

UK Regulator to Investigate BlackRock's $3.2 Billion Acquisition of Preqin

The UK's Competition and Markets Authority is launching an inquiry into BlackRock's acquisition of Preqin, examining whether the deal could result in a substantial lessening of com...