BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump ...
Institutional Investor1d
BlackRock Gets FDIC Extension as Asset Managers Wait for a New Regulatory Regime
Late last year Vanguard Group entered into an agreement with the Federal Deposit Insurance Corporation as the regulator ...
GlobalData on MSN4d
BlackRock, FDIC oversight talks hit new deadline to 10 February
This follows the asset manager's failure to meet an initial 10 January deadline and its unsuccessful request to extend ...
BlackRock given new deadline by FDIC over bank stakes: report
BlackRock (NYSE:BLK) has been given a new deadline to meet a demand by the Federal Deposit Insurance Corp. (FDIC) to resolve ...
American Banker4d
FDIC grants BlackRock extension to strike deal on bank control
The Federal Deposit Insurance Corp. granted nonbank investment firm BlackRock an extra month to come to an agreement with the ...
Cryptopolitan on MSN5d
Bitcoin whale BlackRock set to clash with ‘crypto president’ Trump after inauguration
BlackRock, the biggest asset manager on the planet with $11.5 trillion under its belt, is about to lock horns with Donald ...
BlackRock is trying to avoid the hot seat as GOP takes power
The world’s biggest money manager is trying to avoid some political headaches as Donald Trump and the GOP take over all of ...
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 ...
The Center Square8d
BlackRock seeks more time facing FDIC deadline over bank stakes
BlackRock faced a Friday deadline to sign an agreement with the FDIC, the federal agency that insures deposits and regulates ...
US bank regulator gives BlackRock February deadline on bank stakes, Bloomberg reports
The Federal Deposit Insurance Corporation gave a fresh deadline of Feb. 10 to BlackRock to resolve an issue regarding ...
Vanguard takes steps to convince the government it’s not too powerful
The FDIC director says a new "passivity agreement" with Vanguard is a victory over "the concentration of power in a few ...
Reuters9d
BlackRock seeks to push FDIC bank oversight deadline to March
In late December, Vanguard Investments hammered out terms of such a passivity agreement with the FDIC, which immediately afterward asked BlackRock to sign a very similar agreement by the Friday ...