BlackRock Financial News

24.02 / 21:39

BTC Digital Strategy MicroStrategy BlackRock Trade Bitcoin Strategy Buys Almost $2B More Bitcoin, Stash Nears 500,000 BTC

Business intelligence and bitcoin treasury company Strategy (MSTR) said Monday it has again expanded its bitcoin holdings, acquiring nearly $2 billion more of the digital currency.

23.01 / 14:49

markets Aware CEO BlackRock President country consequences BlackRock's Fink sees potential risks and says the bond market will tell us where we are going

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22.01 / 12:33

BlackRock Trade innovations Equality peace Saba halts activist battle against BlackRock funds as peace pact agreed at pair of trusts

As part of the settlement, BlackRock Health Sciences Term trust (BMEZ) and the BlackRock Innovation and Growth Term trust (BIGZ), both of which invest in small and mid-cap companies, will conduct tender offers to purchase 40% and 50% of their current shares, respectively. These tender offers will mean that shares will be bought at a price equal to 99.5% of the trusts' net asset value, allowing all shareholders to tender some or all of their shares in the process. As of 21 January 2025, BIGZ was trading at a 6.5% discount while BMEZ was trading at close to a 5.3% discount, according ...

22.01 / 03:53

markets Analysis BlackRock Trade Experts information reports Jio Financial Services shares in focus after Rs 117 crore infusion in mutual fund business

Jio Financial Services (JFSL) will remain in focus on Wednesday, January 22, following the announcement that the company and its joint venture partner, US-based BlackRock, have infused Rs 117 crore into their mutual fund business. Both JFSL and BlackRock have subscribed to 5.85 crore equity shares, each priced at Rs 10, in Jio BlackRock Asset Management Private Limited, a 50:50 joint venture between the two entities. This investment totals Rs 117 crore, as per a regulatory filing.

21.01 / 15:53

markets Digital Strategy BlackRock Trade Experts PAM Jio Financial Services, BlackRock infuse Rs 117 cr in mutual fund business

Jio Financial Services Ltd (JFSL) on Tuesday said the company and its joint venture partner US-based BlackRock have infused Rs 117 crore in the mutual fund company. JFSL and BlackRock each have further subscribed to and have been allotted 5.85 crore equity shares of Rs 10 each of Jio BlackRock Asset Management Private Limited (a 50:50 Joint Venture between the company and BlackRock) aggregating Rs 117 crore, the company said in a regulatory filing.

21.01 / 07:59

UPS Provident security Analysis BlackRock Trade Experts Jio Financial, BlackRock expand operations with new broking venture

Jio Financial Services on Tuesday announced that its joint venture with global asset management giant BlackRock, Jio BlackRock Investment Advisers Private Ltd, has incorporated a wholly owned subsidiary named Jio BlackRock Broking Private Ltd to enter the broking business, subject to regulatory approvals. The announcement was made in an exchange filing to the bourses. The new subsidiary, formed on January 20, aims to provide broking services, Jio Financial Services said.

20.01 / 00:51

markets FIVE Digital Manufacturing economy BlackRock Trade Indian equities not overly expensive, reflect growth prospects, says Ben Powell of BlackRock Investment Institute

Subscribe to enjoy similar stories. Indian equities are “not overly expensive, contrary to market consensus relying on traditional valuation metrics", according to Ben Powell of BlackRock Investment Institute. While India's large-cap stocks trade at 23 times their forward earnings, above historical averages, “we think this high P/E ratio reflects strong growth prospects", said Powell, chief Middle East, and APAC investment strategist at the research arm of the world's largest asset manager.

17.01 / 00:19

UPS ETF Progressive BlackRock Bitcoin innovations Trump and bitcoin: BlackRock predicts another historic year for crypto

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15.01 / 12:13

markets UPS Strategy BlackRock Banner BlackRock assets hit record $11.6 trillion in fourth quarter of 2024

BlackRock's assets hit a record high $11.6 trillion in the fourth quarter of last year as the world's largest money manager posted a 21% profit jump, with fee income buoyed by stronger equity markets.

14.01 / 20:39

Strategy BlackRock Mark Wiedman, a top BlackRock exec thought to be Fink's successor, is leaving the company

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14.01 / 12:51

BlackRock President International Net Zero Asset Managers suspends activities as it launches 'fit for purpose' review

The Net Zero Asset Managers (NZAM) initiative has pressed pause on its activities while it carries out an internal review aimed at ensuring it «remains fit for purpose in the new global context». The move comes just days after asset management BlackRock controversially confirmed it would quit the investor group, fuelling fears other US financial firms would exit the alliance ahead of President Donald Trump taking office. BlackRock becomes latest firm to leave global net-zero alliance BlackRock's decision followed a series of announcements over the past month from the six largest US...

11.01 / 14:57

ETF Extreme BlackRock Morningstar Experts Bitcoin pop Bitcoin soared in 2024. How much — if any — should you own?

Bitcoin prices soared in 2024. But you may want to tread with caution before euphoria leads you on a hasty buying spree.

03.01 / 21:29

UPS BlackRock Trade Bitcoin performer BlackRock's Bitcoin ETF Posts Record Single-Day Outflows

BlackRock’s iShares Bitcoin Trust (IBIT) experienced its largest single-day net outflow on Thursday, with investors withdrawing a staggering $332.6 million, according to data from Farside Investors.

03.01 / 14:45

Waves Target Progressive Gap economy BlackRock reports Morgan Stanley joins list of banks quitting Mark Carney-backed climate group

Morgan Stanley & Co. LLC terminated its membership of a major climate-banking group, joining a wave of Wall Street firms that recently quit a global alliance intended to aid the reduction of greenhouse-gas emissions.

27.12 / 09:19

Ethereum BlackRock Fidelity Bitcoin ETFs Crypto Chronicles of 2024: A year of resurgence and promise

Bitcoin rallied to this landmark price just hours after US President-elect Donald Trump appointed crypto advocate Paul Atkins as the new chair of the US SEC. This year also saw crypto make significant strides into the financial mainstream, as the US SEC approved Bitcoin and Ethereum ETFs earlier in the year. Crypto scaled to unprecedented heights and became a central topic in the recently concluded US elections.

26.12 / 11:27

UPS ETF MicroStrategy BlackRock Bitcoin recommendations Should You Invest In Bitcoin In 2025?

Bitcoin (BTCUSD) has had a spectacular run this year, rising to over $100,000, and some analysts expect it to go even higher next year. While that may tempt you into considering investing in it, financial advisors remain cautious about recommending the cryptocurrency to clients and suggest allocating only a small portion of your portfolio towards it.

18.12 / 13:55

markets UPS FIVE BlackRock reports International Morning Coffee: Bank of America’s small banking MD class conceals this change. BlackRock might have a new awkward squad of employees

On the face of it, the list of promotions to managing director (MD) which Bank of America has just announced looks like it might have raised a few eyebrows. The overall MD class of ’24 has 387 members, up 16% on last year. Within that, Jim DeMare’s global markets operation accounts for 65 new promotions, same as 2023. But what’s happened to the bankers?

16.12 / 15:47

markets Career economy BlackRock Bitcoin country fun It’s all fun and meme coins, until the markets turn

— Howard Marks, co-founder Oaktree Capital Management Inc.

08.12 / 19:21

UPS Citi Extreme BlackRock wellness Trade show Morning Coffee: How to show your new traders $1m each worth of love. Hedge funds are looking for people with experience of extreme trauma

“Integration begins with our first conversation, before we even come up with a valuation”. It sounds like Larry Fink of BlackRock might be freestyling lyrics for the most boring Christmas rap video ever, but he’s actually describing his process for making acquisitions.

07.12 / 20:27

UPS ETF Software BlackRock community innovations AI's growth is just getting started, BlackRock's thematic ETF head says

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03.12 / 14:35

markets Provident Target CEO BlackRock BlackRock buying credit investment manager HPS Investment Partners in approximately $12 billion deal

BlackRock is buying credit investment manager HPS Investment Partners in a stock deal valued at about $12 billion, giving it more ways to service its insurance clients

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