BlackRock

Finance & Economics

BlackRock to Acquire HPS Investment Partners, Enhancing Public and Private Market Integration

BlackRock is to strengthen its position in the growing private credit market with the acquisition of HPS Investment Partners, a global credit investment manager with $148 billion in client assets.

News

Intesa Partners With BlackRock in Private Banking

Intesa Sanpaolo, the largest Italian bank, announced that it will cooperate with BlackRock, the world’s biggest asset manager and the leading shareholder of this financial institution.

News

Larry Fink Says About Scales of Further Fed’s Monetary Easing

Blackrock chief executive officer Larry Fink said Tuesday, October 29, speaking at a CEO-studded panel in Riyadh, Saudi Arabia, that the Federal Reserve will not cut interest rates on the scale that markets expect, as currently embedded inflation is too high.

Finance & Economics

BlackRock Hits $11.5 Trillion of Assets

Last quarter, BlackRock Inc. pulled a record $221 billion in total customer cash.

Science & Technology

Microsoft and BlackRock to Launch Fund for AI Infrastructure

BlackRock and Microsoft intend to launch a fund worth more than $30 billion to invest in artificial intelligence infrastructure.

Science & Technology

Google & BlackRock to Develop New Solar Capacity in Taiwan

The 1-gigawatt pipeline of a new solar facility in Taiwan, co-developed by Google and BlackRock, can boost energy capacity and cut carbon emissions amid the artificial intelligence boom.

Finance & Economics

BlackRock to Acquire Preqin Data Group for $3.2B

UK data firm Preqin will enhance BlackRock Aladdin tech business by combining data, research, and investment processes for fund managers.

Finance & Economics

NYSE and Nasdaq to Get Competition From Texas National Stock Exchange, Backed by BlackRock and Citadel

The Texas Stock Exchange (TXSE) has reportedly secured about $120 million in funding from investors, including BlackRock, the world’s largest asset manager, and Citadel Securities, a market maker.

News

BlackRock’s BUIDL Tokenized Fund Gets USDC Transfer Functionality

With the new smart contract, holders of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) can now transfer their shares to Circle for USDC.

Finance & Economics

BlackRock to Buy Infrastructure Firm GIP

Investment company BlackRock Inc. will become the new owner of Global Infrastructure Partners (GIP), which was founded and is currently headed by Adebayo Ogunlesi.

News

Spot Bitcoin ETF Updates Deadline Set on Dec. 29

The SEC has announced a Dec. 29 update deadline for potential spot Bitcoin ETF providers that wish to receive their approvals in early January.

Blockchain & Crypto

Spot Bitcoin ETF Is Inevitable. But Is It a Good Thing?

Spot Bitcoin ETF, or spot bitcoin exchange-traded fund, is an investment vehicle allowing ordinary investors to gain exposure to the price movements of bitcoin in their non-cryptocurrency brokerage accounts. Unlike bitcoin futures ETFs, which invest in derivatives contracts based on bitcoin prices, a spot bitcoin ETF directly invests in actual bitcoins as the underlying asset. […]

News

BlackRock Pursues Ethereum ETF

BlackRock filing for Ethereum ETF that followed the recent Bitcoin ETF application sent ETH price to over $2,000.

Fintech & Ecommerce

Monzo Introduces Investments Powered by BlackRock

British banking challenger Monzo teams up with one of the world’s largest fund managers BlackRock to make investing easier and more accessible.

News

BlackRock’s Bullish Case for Spot Bitcoin ETF, Now With Coinbase

After the SEC found flaws in the original filing, BlackRock, the world’s largest asset manager, refiles for a spot Bitcoin ETF approval. The US$9.09 trillion asset manager has submitted a revised application to the United States Securities and Exchange Commission (SEC) for a spot market Bitcoin exchange-traded fund (ETF). The amendments come in response to […]