Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump ...
The FDIC has asked BlackRock to sign by Jan. 10 a so-called "passivity agreement" that would codify greater checks on the money manager’s holdings of FDIC-supervised lenders, according to people ...
Late last year Vanguard Group entered into an agreement with the Federal Deposit Insurance Corporation as the regulator ...
The world’s biggest money manager is trying to avoid some political headaches as Donald Trump and the GOP take over all of ...
He said in the letter that BlackRock's understanding is that the agreement between the FDIC and Vanguard was reached only after several months of negotiation. An individual familiar with the matter ...
BlackRock has been reportedly given until 10 February to address concerns from the Federal Deposit Insurance Corporation (FDIC) regarding its investments in FDIC-regulated banks, reported Bloomberg.
Financial institutions are backing away from publicly aligning their investments with ESG goals, and now is the time to hold ...
The FDIC had set a Jan. 10 deadline for BlackRock to sign an agreement. But in a letter to the agency, the company asked for an extension until at least March 31, saying it had only two weeks to ...
Dec 30 (Reuters) - The U.S. Federal Deposit Insurance Corporation has told asset manager BlackRock (BLK.N), opens new tab it has until Jan. 10 to accept an agreement that would allow the agency to ...
A clash between BlackRock (BLK) and the Federal Deposit Insurance Corporation (FDIC) over the money manager’s holdings of US banks will now play out in the waning days of President Joe Biden’s ...