Fox Business - The Power to Prosper
Search Site

Laurence Fink

Related Topics

  1. Laurence D. Fink
  2. BlackRock
  3. Vanguard Group
  4. Julian Day
  5. Gary Kelly
  6. Howard Levine
Get updates on Laurence Fink
BlackRock to hire 300 lawyers to handle regulation 'mess'

ST GALLEN, Switzerland (Reuters) - BlackRock Inc , the world's largest money manager, plans to hire another 300 lawyers to help it deal with fragmented global regulation, particularly of banks."We're probably hiring another 300 lawyers and I'm not the one being regulated, I'm not a bank," BlackRock Chief Executive Laurence Fink told the St Gallen Symposium, an annual conference at the university in the eastern Swiss town.Fink noted his New York-based company was the world's largest holder of bank equity and bank debt, so had to closely follow tighter regulation of the financial industry in the wake of the 2007-09 crisis when governments bailed out many banks."There is no consistent manner in which bank resolution will be applied," he said. "It is a mess and we are trying to constructively work with our regulators ... There is a need for better global coordinated regulations."The world's top banking regulatory body said last month over half its members missed a January deadline set by g...

Read More ›

  1. BlackRock 4Q Beats, Declares Higher Dividend

    BlackRock (NYSE:BLK) reported a fourth-quarter beat on both the top and bottom lines on Thursday as fees continued to grow and assets under management climbed to a r...

  2. BlackRock 4Q Profit Rises 24%

    BlackRock Inc, the world's largest money manager, said on Thursday its fourth-quarter profit rose 24 percent, bolstered by increased investor confidence in global st...

  3. BlackRock's Earnings Rise 24%

    BlackRock Inc.'s (BLK) fourth-quarter profit jumped 24% as the world's largest money manager recorded double-digit revenue growth, helped by higher assets under mana...

  4. BlackRock's 4th-Quarter Net Rises 24% on Higher Assets Under Management

    BlackRock Inc.'s (BLK) fourth-quarter profit jumped 24% as the world's largest money manager recorded double-digit revenue growth, helped by higher assets under mana...

  5. Obama's Treasury Pick Elevates Budget Battles Over Crisis Management

    By tapping Tim Geithner for his most important Cabinet position in the scary days of 2009, President Obama signaled the Treasury Department's immediate focus on cris...

  6. AmEx CEO Chenault Eyed as Geithner Successor

    In a move that could help improve the White House's rocky relationship with the business world, President Obama is exploring hiring long-time American Express (NYSE:...

  7. State Street quits bidding for Credit Suisse ETF unit

    State Street Global Advisors has dropped out of the bidding for Credit Suisse's $17.34 billion European exchange-traded fund business, according to two sources famil...

  8. Bank Executives Offer Downbeat Outlook on Industry's Prospects

    Bank executives from across the country presented a dour outlook for 2013 at a two-day investor conference in Lower Manhattan sponsored by Goldman Sachs, saying they...

  9. BlackRock CEO Fink says not seeking Treasury job

    Laurence Fink, chief executive of BlackRock, the world's biggest money manager, said on Tuesday he is not seeking a job in the administration of Barack Obama."I am n...

  10. Wall Street Siding With Obama?

    FBN's Charlie Gasparino on Wall Street execs becoming increasingly vocal on the fiscal cliff.

  11. Knight's Joyce Looking for White Knight

    In a bid to keep his firm at least partially independent, Knight Capital (NYSE:KCG) chief executive Tom Joyce today approached a number of Wall Street players in an ...

  12. Buffett: Dimon is Best for Treasury During a Crisis

    As President Obama mulls a replacement for Tim Geithner, billionaire investor Warren Buffett believes the best person to lead the Treasury Department during a financ...

  1. BlackRock CEO Fink 2012 Pay Totaled $20.2 Million - Filing

    BlackRock Inc. (BLK) Chairman and Chief Executive Laurence D. Fink received $20.2 million in compensation last year, a 7.7% decrease from 2011's $21.9 million, accor...

  2. BlackRock 1st-Quarter Earnings Up 10%; ETF Inflows Strong

    BlackRock Inc.'s (BLK) first-quarter profit jumped 10% as the world's largest asset manager captured strong investor inflows into its exchange-traded funds and other...

  3. BlackRock's Earnings Rise 10%

    BlackRock Inc.'s (BLK) first-quarter profit was up 10%, sending results above Street views, as the money manager reported more assets under management while revenue ...

  4. BlackRock's 1st-Quarter Net Up 10% on Higher Revenue, Assets Under Management

    BlackRock Inc.'s (BLK) first-quarter profit was up 10%, sending results above Street views, as the money manager reported more assets under management while revenue ...

  5. Who's Going to Woo Tim Geithner?

    The wooing of Tim Geithner has begun.The former Treasury Secretary, who stepped down in January and sealed a book deal with Random House earlier this month, has been...

  6. BlackRock Taps Longtime Adviser Gary Shedlin as New CFO

    BlackRock Inc. (BLK) has named a Morgan Stanley (MS) executive and longtime adviser to the money manager as its new finance chief, replacing Ann Marie Petach.Gary S....

  7. BlackRock 4th-Quarter Profit Rises 24% as Investors Flock to ETFs

    BlackRock Inc.'s (BLK) fourth-quarter profit rose 24% as investors flocked to its market-dominating iShares exchange-traded funds business, carrying managed assets t...

‹ Prev12345Next ›
Freebase CC-BY
Source: Laurence Fink on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL