Laurence Fink

Major U.S. financial institutions JP Morgan Chase & Co. (NYSE: JPM), Wells Fargo & Company (NYSE: WFC), BlackRock, Inc. (NYSE: BLK), Citigroup (NYSE: C) and PNC Financial Services Group (NYSE: PNC) reported higher-than-expected earnings in the first quarter of 2023...

Benzinga has examined the prospects for many investors' favorite stocks over the past week, here's a look at some of our top stories.  The markets maintained an upbeat tone this week, as the S&P 500 notched its fourth consecutive weekly gain, adding 3.26% for the week. The Dow...

The CEO of the largest asset management company in the world recently sold a large number of shares. Could the sale be a foreshadowing of what’s to come in the markets? What Happened: BlackRock Inc (NYSE: BLK) CEO Laurence Fink sold 44,500 shares of the company Aug. 5 at a price of $684....

American-based companies like Apple Inc. (NASDAQ: AAPL) stand to benefit from President-elect Donald Trump's calls to make it easier and cheaper for companies to repatriate cash stored overseas. The Wall Street Journal reported in November 2016 that American companies are holding as much as $2.5...

Larry Fink, Howard Marks, Bill Gross and Jeffrey Gundlach have one thing in common. According to Bloomberg, these investment pros are all anxious and nervous as U.S. stock indices are trading at historical all-time highs. Fink, chairman and CEO of BlackRock, Inc. (NYSE: BLK) - told Bloomberg on...

Peter Kraus is the CEO of AllianceBernstein Holding, a global asset management firm with nearly $500 billion in assets under management as of the end of April. So when he says that global asset management firms, such as his own, need to scale back on their assets by as much as 30 percent,...

This week, BlackRock (NYSE: BLK) CEO Laurence Fink was quoted as saying that leveraged ETFs are a structural problem and have the potential to “blow up” the industry.  BlackRock is the parent company of ETF powerhouse iShares, which does not currently operate any leveraged ETFs...

Markets recovered on Tuesday after US consumer confidence data helped brighten investors' outlook. The figures showed that consumer attitudes rose to 82.3 in February, a six year high. The data far surpassed analysts' expectation of a 78.6 reading. Following the data's release, the US dollar...

BlackRock (NYSE: BLK) Chief Executive Officer Laurence Fink said that recent market declines seen worldwide is merely a temporary setback and not a sign of slowing economic growth. Fink, who oversees $4.3 trillion in assets, told Bloomberg, “I look at this as a good old-fashioned correction” as...

Investment management giant BlackRock (NYSE: BLK) reported first quarter 2013 results early Tuesday morning that beat analyst estimates. BlackRock beat both on the top and bottom lines as assets under management at the firm grew 7 percent year-over-year to a new record level. For the first quarter...