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BlackRock s chief executive struck a defensive tone on Thursday during a call to discuss fourth-quarter earnings when an analyst asked about the asset management industry s regulatory landscape. The concept that the asset management industry is not regulated that must be coming from bankers. We re not a bank, CEO Larry Fink said on the call.
BlackRock is the largest money manager in the world with $8.7 trillion in assets under management.
It is operating atop the industry as President-elect Joe Biden s incoming administration is expected to take a tougher stance on financial services industry regulation than its predecessors.
Joe Manchin, the most conservative Democrat in a split Senate, is signaling that he’ll be a check on liberal climate change policies such as a mandate for carbon-free electricity.
Double masking adds an extra layer of filter against coronavirus, but is it necessary? Here’s when to consider wearing two masks, and why one is often enough.
US President Donald Trump denies stoking violence, attacks impeachment move orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.