Larry Fink Lashes Out at BlackRock's Political Critics: They 'Continuously Lie'
BlackRock CEO Larry Fink lashed out at political critics of the world's largest money manager in combative comments, saying they "continuously lie."
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Citi Profit Beats Estimates, Takes $483 Million Charge Tied to Severance Costs
Citigroup's first-quarter profit fell 27% related to its reorganization and paid fees to a government deposit insurance fund, as some businesses grew.
BlackRock Hits Record $10.5 Trillion in Assets Under Management, Profit Jumps
BlackRock reported assets of $10.5 trillion in the first quarter and posted a 36% jump in profit as a rebound in global equity markets boosted fees.
Barred Morgan Stanley Banker Joins Firm That Got His Trading Leaks
A former Morgan Stanley banker punished in the probe that rattled Wall Street joined one of the firms that was the recipient of information he leaked.
Founder Ron Carson Announces New Role as Chairman of Carson Group
Founder Ron Carson Announces New Role as Chairman; Appoints Burt White as Carson Group's Next CEO.
Switzerland Lays Out New 'Too Big to Fail' Rules in Wake of Credit Suisse Banking Turmoil Last Year
The Swiss government announced steps to bolster its “too big to fail” rules aimed at avoiding disastrous fallout from banking sector turmoil.
Jamie Dimon Says He Runs JPMorgan With a Military Tactic in Mind
Jamie Dimon says he runs JPMorgan with a military tactic in mind named the ‘OODA loop’ and it prevents the ‘greatest mistakes’ in war and business.
