BlackRock is laying off 200 employees, which comes to just under 1% of its workforce. This comes after the firm made cuts three times in the past 18 months.
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BlackRock beats Q4 earnings estimates as assets hit $14 trillion, driven by ETFs, bonds inflows, and market rally.
Ben Powell, chief investment strategist for APAC at BlackRock, said that the wave of capital pouring into artificial intelligence is far from peaking
BlackRock’s Global Infrastructure Partners is set to invest €23 billion with Spain’s ACS to expand global data center.
Lenders including BlackRock’s HPS Investment Partners allege that Brahmbhatt’s firms used fake invoices and customer accounts to secure massive loans before abruptly cutting off communication.
BlackRock restricts employee device use during China travel, highlighting growing corporate concerns over cybersecurity, surveillance, and data privacy in high-risk geopolitical environments.
Reportedly, a Hong Kong-based conglomerate CK Hutchison Holdings which operates ports near the Panama Canal has agreed to sell shares in its port operations to the consortium