Latest BlackRock Headlines
All the headlines from our BlackRock Topic Page, ordered by recency.
BlackRock Escapes Texas Oil-Boycott List After ESG Retreat
Jun 5 2025 // BlackRock Inc. was removed from Texas’ blacklist of companies that boycott fossil fuels, ending a three-year standoff over the environmental policies of the world’s largest asset manager. The move means pension...
Abu Dhabi’s IHC, BlackRock Start $1 Billion Reinsurance Firm
May 9 2025 // International Holding Co., Abu Dhabi’s largest listed company that’s overseen by a key member of the emirate’s royal family, is setting up a $1 billion reinsurance venture with BlackRock Inc. The...
British Insurer Marshmallow Valued at $2 Billion With BlackRock Backing
Apr 15 2025 // British car insurance startup Marshmallow has almost doubled its valuation to more than $2 billion after a funding round that was backed by new investors BlackRock, Columbia Lake Partners and Portage. The firm, which...
BlackRock Plans for Texas ETF Amid Its Push Into Lone Star State
Apr 1 2025 // BlackRock Inc. is going even bigger in Texas. The world’s biggest asset manager applied for the iShares Texas Equity exchange-traded fund, according to a Friday filing with the Securities and Exchange Commission. The...
Investor Climate Group Suspends Activities After BlackRock Exit: Reuters Exclusive
Jan 14 2025 // A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its activities on Monday, days after BlackRock, the world’s biggest investor, left amid a...
BlackRock Leaves Major Climate Group Amid Wall Street Exodus
Jan 10 2025 // BlackRock Inc. is parting ways with one of the world’s biggest climate-investor groups after being targeted by Republican politicians for its efforts on global warming. The money manager has decided to leave the Net...
BlackRock Gets Legal Warning Over ESG Funds From Mississippi
Mar 28 2024 // BlackRock Inc. faces the prospect of being barred from offering securities in Mississippi after state officials accused the investment firm of making “fraudulent” statements regarding its climate strategy. This...
JPMorgan, State Street Quit Climate Group, BlackRock Steps Back
Feb 16 2024 // JPMorgan Chase’s and State Street’s investment arms on Thursday both quit a global investor coalition pushing companies to rein in climate-damaging emissions, while BlackRock said it has transferred its...
Tennessee Officials Sue BlackRock for ‘Misleading’ ESG Strategy
Dec 27 2023 // (Bloomberg) — The state of Tennessee sued BlackRock Inc. for allegedly breaching consumer protection laws by making “misleading” statements about its ESG investment strategy. State Attorney General...
BlackRock Agrees to $300M Loan for Root Insurance
Jan 27 2022 // Days after it announced it had to lay off 330 employees due to worsening loss costs, auto insurer Root Insurance has finalized a $300 million term loan from BlackRock Financial Management. The five-year loan will carry an...
Insurers to Hike Private Market Investments; Environmental Focus Grows: BlackRock
Nov 15 2021 // GLASGOW / NEW YORK – Insurers plan to increase their allocations to private markets to 14% from 11% over the next two years in the hunt for yield, as they add more money to environmentally focused investment funds,...
People Moves: AIG Names BlackRock’s Wade as Digital Chief; Great American Promotes DeSoto; AXIS Adds to Cyber; Cover Genius Adds Execs
Apr 5 2021 // American International Group announced that Claude E. Wade will join the company in the second quarter of 2021 in the newly created role, executive vice president, global head of Operations and Chief Digital Officer,...
Why ‘Victorian’ HR Policies That Try to Ban Sex Won’t Work-Viewpoint
Dec 10 2019 // Mark Wiseman, who was seen by many as a likely heir to BlackRock Inc. Chief Executive Officer Larry Fink, is now out of a job. The details we have are scant. In a memo, Wiseman explained: “I am leaving BlackRock...
Activists Push Big Index Funds to Back Shareholder Votes on Climate Risk Disclosure
Oct 9 2019 // The far-reaching impacts of climate change on companies have investors pressing corporate leaders for action to minimize environmental damage and to maximize disclosure of risks to their businesses. The threats range from...
Serving on One Outside Board Is Enough, BlackRock Warns Directors
Aug 27 2019 // BlackRock Inc. is stepping up opposition to U.S. CEOs who sit on more than one corporate board beside their own, arguing that working as a director takes increasingly more time, a report from the world’s largest...
7 Areas of Directors & Officers Liability to Watch in 2019
Jan 8 2019 // Risk management involves looking around the corner to spot future threats. When it comes to director and officer liability, the question is this: What’s on the horizon for directors and officers in 2019? Here are...
7 Critical Areas Directors and Officers Should Watch in 2019
Nov 5 2018 // Risk management involves looking around the corner to spot future threats. When it comes to director and officer liability, the question is this: What’s on the horizon for directors and officers in 2019? Here are...
Global Insurers in Mood to Take on New Investment Risks
Sep 18 2018 // Despite challenging market conditions, insurers are in a relatively upbeat mood and ready to increase their risk exposure, according to a study from investment advisor BlackRock. Almost half (47%) of insurers surveyed plan...
Smith & Wesson Gun Maker CEO Defends Safety Efforts
Mar 7 2018 // The top executives of gun maker American Outdoor Brands Corp. on Tuesday defended their safety efforts in a letter to asset manager BlackRock Inc. posted on the website of the maker of Smith & Wesson guns. American...
New Bond ETF Rules Expected to Attract Investments from Insurers
May 31 2017 // BlackRock Inc. expects $300 billion in new money from insurers to flood into the already booming bond exchange-traded fund sector over the next five years, a spokeswoman said on Tuesday, following a move by regulators to...
