Regulator probes BlackRock and Vanguard over huge stakes in US banks
The FDIC examines whether investment firms stick to passive-investing mandate.
Source: livemint.com
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Could 3 Powerful Fund Managers Take Control Of US Banks? - BlackRock (NYSE:BLK), Bank of America (NYSE:BAC)
Regulators eye BlackRock, State Street Corp and Vanguard for jointly managing more than $23 trillion in assets.
Source: benzinga.com
Olympic officials move to support 2032 Brisbane Games after bumpy ride for stadium projects - New Delhi Times - India's Only International Newspaper
After weeks of uncertainty about billion-dollar stadium projects for the 2032 Brisbane Olympics, the IOC and local organizers moved Wednesday to present the games more positively. Plans for a $2 billion rebuild of the storied Gabba cricket stadium as an Olympics centerpiece were dropped this month after the expected price spiraled. Australia’s most influential Olympic…
Source: newdelhitimes.com
Obituary - Remembering Andrew 'Plymo' Plympton
By Di Pearson Our great sailing friend, raconteur, business associate, administrator, chairman and successful past president of two sports, passed away on
Source: mysailing.com.au
Olympic officials move to support 2032 Brisbane Games after bumpy ride for stadium projects
After weeks of uncertainty about billion-dollar stadium projects for the 2032 Brisbane Olympics, the IOC and local organizers moved Wednesday to present the games more positively. Australia’s most influential Olympic official, John Coates, had called the stadium issues in Brisbane’s home state Queensland damaging to the Olympics brand. Queensland Premier Steven Miles, who faces state elections in October, had asked for a review of Olympic venue construction and prefers renovating an existing rugby stadium for the opening and closing ceremonies.
Source: yahoo.com