Yahoo Finance13d
BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
Asset manager BlackRock, which today reported it's managing a record $11.6 trillion in assets, is reportedly delaying plans to sign an agreement with the FDIC that would provide the regulator with ...
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 ...
Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
The violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target ...
Yahoo Finance29d
A standoff between BlackRock and the FDIC is dragging into 2025
The agreement FDIC has asked BlackRock to sign is similar to one announced last week with another giant money manager, Vanguard Group ... Now the FDIC wants its own agreement with the money ...
AOL13d
BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
As part of its strategy to prevent similar collapses in the future, the FDIC is no longer letting the so-called Big Three asset money managers—BlackRock, Vanguard ... they can own, and what ...
LancasterOnline16d
Vanguard takes steps to convince the government it's not too powerful
Patton noted that Vanguard, BlackRock, and State Street together own more than 30% (the figure Bogle had cited as a tipping point) of major coal producers such as Peabody Energy, giving investment ...
Fortune13d
BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and ...
Yahoo Finance13d
BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
As part of its strategy to prevent similar collapses in the future, the FDIC is no longer letting the so-called Big Three asset money managers—BlackRock, Vanguard and State Street—self-attest that ...