A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its ...
In December, BlackRock, State Street and Vanguard were sued by a group of 11 Republican states ... JP Morgan Chase have all withdrawn from the climate coalition.
The world’s biggest money manager is trying to avoid some political headaches as Donald Trump and the GOP take over all of ...
Following BlackRock's departure, the Net Zero Asset Managers initiative pauses operations to reassess its future direction ...
The lawsuit filed in 2023 alleged unfair impact on the asset management giant's non-ESG funds due to its involvement in ...
BlackRock, the worlds largest asset manager with $11.6 trillion under management, has reached a settlement with Tennessee ...
The agreement dismisses the state’s 2023 lawsuit and does not find that the investment firm violated any laws. “We’re pleased to resolve this matter,” a BlackRock spokesperson said.
Six of the worlds largest banks all withdrew from a net-zero banking alliance just weeks apart ahead of President-elect ...
Texas Attorney General Ken Paxton wrote on Jan. 23 to the firms saying they appear “to unlawfully advance discriminatory” ...
Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of ...
BlackRock, which manages some $11.5 trillion in assets ... the sort of flight by asset managers that diminished the influence ...
A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its activities on Monday, days after BlackRock, the world's biggest investor ...