The departure announcements of possible CEO successors at both BlackRock and JPMorgan Chase are the latest reminders that CEO transitions are anything but simple, experts say, especially when it comes to the world’s top finance jobs.
Cryptocurrency venture capital funding is likely to rise this year due to regulatory clarity and friendly policies under U.S. President Donald
A potential successor to BlackRock CEO Larry Fink is reportedly leaving the firm, narrowing the list of contenders to become the next boss of the world's largest money manager.
Their exit follows a wave of similar decisions from other major banking institutions, including Morgan Stanley, Citigroup, Bank of America, Goldman Sachs, and Wells Fargo, in recent weeks. These departures make a significant retreat from the extreme climate agenda, driven in large part by the implementation of anti-ESG policies nationwide.
The state's attorney general warned Goldman, JPMorgan, BlackRock, and other heavyweights of possible legal consequences to their diversity policies.
BlackRock is the parent company of iShares, which manages $3.3 trillion in assets spread across more than 1,400 exchange-traded funds (ETFs). One of those funds is the iShares Russell 2000 ETF ( IWM 1.14%), which tracks the performance of the Russell 2000. Here's why investors might want to buy it before the index enters a new bull market.
The crypto's main uses are for sex trafficking, money laundering and ransomware, claimed Dimon, a longtime foe of bitcoin (BTC).
There is a lot of news driving the market action Wednesday morning. Investors are digesting the December Consumer Price Index (CPI) report, especially given the Federal Reserve’s concerns about inflation being stubborn.
DAVOS, Switzerland – Chinese Vice-Premier Ding Xuexiang met global finance and business leaders, including Blackstone chief executive Steve Schwarzman, Bridgewater Associates founder Ray Dalio and JPMorgan Chase CEO Jamie Dimon, during a private lunch in Davos on Jan 21.
President Trump’s accusation that Bank of America’ dropped conservatives as clients serves as a reminder C.E.O.s may face unexpected attacks by the White House.
JPMorgan Chase produced one of the best quarterly results of its peer growth relative to expectations. Learn more about JPM stock here.
Some of the other senior executives at the bank also saw their compensation rising by between 4% and 21% in 2024.