Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump administration takes over later this month.
Two of the largest fund companies, Vanguard and BlackRock, sponsor several dividend-focused ETFs, with BlackRock's being marketed under the iShares umbrella. Each fund and fund family has its own ...
Late last year Vanguard Group entered into an agreement with the Federal Deposit Insurance Corporation as the regulator sought more oversight of passive bank ownership by asset managers.
BlackRock, State Street and Vanguard own substantial shares in American coal companies. The AGs claim they conspired to force a reduction in coal supply. (CN) — A group of 11 Republican state ...
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 ...
(Reuters) -BlackRock has asked the U.S. Federal Deposit ... could diminish competition among the companies they commonly own. Even Vanguard's late founder Jack Bogle voiced concern.
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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 ...
As part of its strategy to prevent similar collapses in the future, the FDIC is no longer letting two of the so-called Big Three asset money managers—BlackRock, and Vanguard—self-attest that their ...