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BlackRock may face action over money manager

Pointing Finger

BlackRock, the world’s biggest money manager, said regulators are considering filing action against the firm over a former money manager who used BlackRock funds to invest in a company with which he had financial ties.

People News: BlackRock, UBS

For Hire

BlackRock hired Harvard Management’s Mark McKenna to start an event-driven hedge fund as the world’s largest asset manager seeks to expand its alternative-investment business.

Top firm seeks money managers

Now Hiring

Prudential Financial, the life insurer that recruited money managers from BlackRock and Goldman Sachs, is seeking additional hires to bolster its investments business.

HOT LIST

BlackRock Appoint Emerging Markets MD

BlackRock has announced the appointment of Gerardo Rodriguez Regordosa, former Undersecretary of Finance and Public Credit in Mexico, as Managing Director and a senior member of the Firm’s emerging markets leadership team.

BlackRock To Repurchase Shares Held By Bank of America

BlackRock, Inc. (the 'Company') has announced that it has agreed to repurchase Bank of America Corporation's ('Bank of America') remaining ownership interest in BlackRock totaling 13,562,878 of its Series B Convertible Preferred Shares for approximately $2.545b.

Now Hiring

Top firm seeks money managers

Prudential Financial, the life insurer that recruited money managers from BlackRock and Goldman Sachs, is seeking additional hires to bolster its investments business.

FEATURED

Larry Fink Interview Pic

Larry Fink To Square Up Against Jamie Dimon ?

Bill Rubin, BlackRock's senior investment analyst responsible for picking financial-company stocks, didn’t mince words a year ago when he e-mailed JPMorgan Chase right after the bank disclosed a trading loss that ultimately cost more than $6.2bn.