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BlackRock agrees to pay $12m to settle SEC charge

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The Securities and Exchange Commission has charged BlackRock Advisors with breaching its fiduciary duty by failing to disclose a conflict of interest created by the outside business activity of a top-performing portfolio manager.

BlackRock beats the street

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Money is flowing to asset managers as low interest rates create challenges for investors, BlackRock chief Laurence Fink tells CNBC.

FCA drops probe into wife of ex-BlackRock manager

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Britain’s Financial Conduct Authority dropped an investigation of Delphine Lyttleton, wife of former BlackRock fund manager Mark Lyttleton, two years after the pair were arrested as part of an insider-trading probe, said a person with knowledge of the situation.

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People News: BlackRock, UBS

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.

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FCA drops probe into wife of ex-BlackRock manager

Britain’s Financial Conduct Authority dropped an investigation of Delphine Lyttleton, wife of former BlackRock fund manager Mark Lyttleton, two years after the pair were arrested as part of an insider-trading probe, said a person with knowledge of the situation.

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.

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Larry Fink Interview Pic

BlackRock beats the street

Money is flowing to asset managers as low interest rates create challenges for investors, BlackRock chief Laurence Fink tells CNBC.