Page 3 - Blackrock

Stressed funds set to make beeline for India on spike in Covid-driven NPAs

Bankers expect bad debt worth $35 bn to be up for grabs, in addition to $110 bn already in the system; Blackrock, SBI Cap, Brookfield eyeing stressed assets

Argentina reaches $65-billion debt restructuring deal after default.

The agreement is the product of months of talks between the government and large investment firms

BlackRock, three others buy $1.4 billion of Bandhan Bank shares

Bandhan Bank's shares plunged 10.5 per cent on Monday after the transaction, its biggest loss since March 30. They were up as much as 2 per cent on Tuesday

Planning to subscribe SBI Cards IPO? Here's all you need to know

Unlike others of its kind, the subscription window for the IPO will remain open for 4 days, which will be from March 2 to March 5

We will be India's largest renewable energy player in 2020: Adani Group

The group would invest 70 per cent of its capital expenditure in clean energy and energy efficient systems, declared chairman Gautam Adani

Indian cos may take a hit as BlackRock moves away from coal-based firms

BlackRock's alternatives business will make 'no future direct investments in companies that generate more than 25 per cent of their revenues from thermal coal production'

BlackRock sees growth edging higher in 2020, limiting recession risks

BlackRock said it was turning neutral on US equities after their stellar performance this year, and was modestly underweight on European equities and European government bonds

Mark Wiseman likely to leave BlackRock over alleged policy violation

Wiseman was one of several people tipped as Larry Fink's possible successors

BlackRock names Manish Mehta global head of human resources: Report

Following Smith's departure, BlackRock Chief Executive Larry Fink met with a number of internal and external candidates before settling on Mehta, Fink said in the memo

World's biggest money manager keen to add to its holdings of Indian bonds

Rupee debt sold off in the past two months, the longest run of losses in a year, after the government's surprise $20 billion tax cut sparked fears of missing deficit targets

BlackRock to buy French software firm eFront for $1.3 billion

BlackRock said it would buyback about 3.1 mn of its shares at $412.84 apiece under its existing repurchase program

BlackRock sees emerging stocks almost recouping last year's loss

Signs of improving liquidity include falling rate differentials between the US and other markets

BlackRock is sick of excuses for corporate boards lacking women

The world's biggest asset manager earlier this year sent letters to companies in the Russell 1000 index with fewer than two women on their boards, asking them to explain their lack of progress

BlackRock hits record $6 trn in assets, helped by US tax overhaul

The New York-based company's shares were up 2.3% in trading on Friday morning

DSP BlackRock Opportunities Fund: Timely sectoral calls help outperform

Banking has been a major contributor to the fund's outperformance

At BlackRock, machines rising over managers to pick stocks

Low-cost, computer-driven funds have exploded in growth

Ex-BlackRock fund manager pleads guilty to insider dealing in London

Mark Lyttleton, 45, admitted buying shares shortly before public announcements about EnCore Oil Plc and Cairn Energy

Millionaire tells BlackRock to say no to big CEO pay

According to a survey in the US, 74 per cent people don't believe CEOs are paid appropriately relative to workers

BlackRock joins hands in $46-billion Japan pullout

Losing the faith of foreign investors would be a blow to Japan's Prime Minister Shinzo Abe