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FDIC, BlackRock

A standoff between BlackRock and the FDIC is dragging into 2025

A clash between BlackRock and the FDIC over the money manager’s holdings of US banks will play out in the waning days of President Joe Biden’s administration.

The Financial Times · 1d

BlackRock and FDIC on course for early 2025 clash over bank stakes

The Federal Deposit Insurance Corporation and BlackRock are headed for a January showdown over the US watchdog’s efforts to step up its oversight of investors who take large stakes in small and midsized banks.

Zacks.com on MSN · 15h

BlackRock Receives Deadline From FDIC for Passivity Agreement

BlackRock, Inc. BLK has been informed by the Federal Deposit Insurance Corporation (“FDIC”) that it has until Jan. 10, 2025, to accept the “passivity agreement”. This was reported by a person familiar with the matter to Reuters.

22hon MSN

Bank regulator gives BlackRock January deadline on bank stakes

The U.S. Federal Deposit Insurance Corporation has told asset manager BlackRock it has until Jan. 10 to accept an agreement ...

23hon MSN

US watchdog gives BlackRock early Jan deadline over bank stakes

US regulator Federal Deposit Insurance Corporation (FDIC) has set a deadline of January 10 for BlackRock (NYSE:BLK) to comply ...

8hon MSN

BlackRock Inc. stock underperforms Tuesday when compared to competitors

Shares of BlackRock Inc. BLK sank 0.23% to $1,025.11 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.43% to 5,881.63 and ...

21h

Blackrock's Bitcoin Fund Breaks Records With Historic ETF Launch—Will It Surpass The World's Biggest Gold ETF In January?

The iShares Bitcoin Trust ETF (NASDAQ:IBIT) by BlackRock Inc. (NYSE:BLK), which debuted earlier this year, has become the ...

decrypt12d

BlackRock Has a New Bitcoin Video Ad—And Bitcoiners Hate It

The world’s largest asset manager BlackRock released a video promoting Bitcoin. But hodlers aren’t happy about its disclaimer ...

Business Insider1d

BlackRock Increases Stake in SSE PLC to Over 8%

SSE PLC, a UK-based issuer, announced a change in major holdings with BlackRock, Inc., a major shareholder based in the USA. On December 27, 2024, BlackRock’s voting rights in SSE PLC crossed the ...