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BlackRock quits climate group
BlackRock quits climate group as Wall Street lowers environmental profile
BlackRock, the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers Initiative, the latest Wall Street firm to depart an environmentally focused investor group under pressure from Republican politicians.
BlackRock Continues Wall Street Exodus From Net Zero Alliances
BlackRock, the world's largest asset manager, has left the Net Zero Asset Managers initiative due to pressure from Republican politicians and legal concerns.
BlackRock leaves major climate group amid Wall Street exodus
BlackRock, which oversees more than $11 trillion, has been the subject of attacks from GOP lawmakers for embracing what conservatives call “woke” policies.
IJR
6h
‘A Huge Win’: Woke ‘Cartel’ Of Financial Giants Dealt Death Blow 11 Days Before Trump Takes Office
Asset management behemoth BlackRock wrote a letter to institutional investors Thursday announcing its exit from an ...
3d
on MSN
BlackRock may exit woke business climate group Net Zero Alliance as backlash over ESG investing widens
Larry Fink had evangelized on the need to use the company’s investing might to force corporations to reduce their carbon ...
1d
BlackRock Reportedly Faces $600 Million Loss In Alacrity Restructuring Ahead Of Earnings Report
BlackRock's equity investment in Alacrity, valued at over $600 million, will be eliminated as part of the restructuring, as ...
Investment Week
15h
BlackRock becomes latest firm to leave global net-zero alliance
Asset management giant BlackRock has become the latest firm to terminate its membership of the Net Zero Asset Managers (NZAM) ...
1d
on MSN
BlackRock drops out of progressive ‘Net Zero’ initiative as pressure grows to ditch ‘woke’ groups
Fink and other top executives had evangelized on the need to use the company’s investing might to force corporations to ...
14h
BlackRock Stares Down FDIC Before Deadline Over Bank Stakes
BlackRock Inc. is resisting the Federal Deposit Insurance Corp.’s demands that the world’s largest asset manager submit to ...
23h
BlackRock filing for hedge fund strategy ETF underlines new tilt
Managed futures funds, trend-following “quant” hedge funds run by commodity trading advisers, take both long and short positions in futures contracts linked to equities, bonds, commodities and ...
2d
Asset management giant BlackRock to cut about 1% of its employees, staff memo says
Company has more than 21,000 employees, meaning the cuts apply to about 200 staff. Read more at straitstimes.com.
16h
Trump Fallout? BlackRock Exits Climate Alliance, Cites Regulatory Pressure And Client Confusion
BlackRock Inc., the world's largest asset manager with $11.5 trillion under management, has withdrawn from the Net Zero Asset ...
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