Anonymous ID: 9c34ab Jan. 31, 2020, 5:03 p.m. No.7984629   🗄️.is đź”—kun   >>4795 >>4988 >>5038

Blackrock Inc,CEO Larry Fink sold: $25.08m-Jan 30

 

BlackRock, Inc. is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with $7.4 trillion in assets under management as of end-Q4 2019. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power and the sheer size and scope of its financial assets and activities, BlackRock has been called the world's largest shadow bank.

 

https://en.wikipedia.org/wiki/BlackRock

https://www.finviz.com/insidertrading.ashx?oc=1059245&tc=7&b=2

 

from 2015

BlackRock: The secret world power

 

One name has been haunting Wall Street for years. Still, it remains a mystery to most. Even Heike Buchter admits it only began appearing on her radar recently. "Bankers started talking about [it]. They were analyzing central bank portfolios, and the name Larry Fink kept popping up," the German correspondent, who's been covering Wall Street for more than a decade, told DW.

 

It stuck with Buchter, who set out to find out all she could about Fink and his financial colossus BlackRock - "one of the world's preeminent asset management firms," as the New York-based corporation boasts on its website.

 

"Prior to the financial crisis I was not even familiar with the name. But in the years after the Lehman [Brothers] collapse [in 2008], BlackRock appeared everywhere. Everywhere!," Buchter said. On Monday, her 280-page exposé - the first-ever of its kind - appears in German.

 

Lack of transparency

 

The author recalls a lunch with an insider. He asked her, only half-jokingly, to speak quietly. He was concerned someone from BlackRock might be hiding in the kitchen, spitting in his soup. Accordingly, she titled the first chapter in her book: "The most powerful company no one's heard about."

 

BlackRock manages $4.7 trillion (4.2 trillion euros) worth of assets. All told, their platforms juggle $14 trillion - the equivalent of 5 percent of all financials assets worldwide. But BlackRock's reach goes further than just buying and holding stocks and bonds.

rest at link

https://www.dw.com/en/blackrock-the-secret-world-power/a-18653761