BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump ...
Institutional Investor1d
BlackRock Gets FDIC Extension as Asset Managers Wait for a New Regulatory Regime
Late last year Vanguard Group entered into an agreement with the Federal Deposit Insurance Corporation as the regulator ...
BlackRock given new deadline by FDIC over bank stakes: report
BlackRock (NYSE:BLK) has been given a new deadline to meet a demand by the Federal Deposit Insurance Corp. (FDIC) to resolve ...
American Banker4d
FDIC grants BlackRock extension to strike deal on bank control
The Federal Deposit Insurance Corp. granted nonbank investment firm BlackRock an extra month to come to an agreement with the ...
BlackRock seeks to push FDIC bank oversight deadline to March
BlackRock has asked the U.S. Federal Deposit Insurance Corporation to extend its deadline to reach an agreement on how the ...
bankingdive7d
BlackRock wants FDIC to push back passivity agreement deadline to March
The asset manager’s head of U.S. regulatory affairs warned against “hastening the finalization of a completely new regulatory ...
US bank regulator gives BlackRock February deadline on bank stakes, Bloomberg reports
The Federal Deposit Insurance Corporation gave a fresh deadline of Feb. 10 to BlackRock to resolve an issue regarding ...
BlackRock Stares Down FDIC Before Deadline Over Bank Stakes
BlackRock Inc. is resisting the Federal Deposit Insurance Corp.’s demands that the world’s largest asset manager submit to ...
Yahoo Finance4d
BlackRock, FDIC oversight talks hit new deadline to 10 February
BlackRock has been reportedly given until 10 February to address concerns from the Federal Deposit Insurance Corporation (FDIC) regarding its investments in FDIC-regulated banks, reported Bloomberg.
The Center Square7d
BlackRock seeks more time facing FDIC deadline over bank stakes
BlackRock faced a Friday deadline to sign an agreement with the FDIC, the federal agency that insures deposits and regulates ...
Vanguard takes steps to convince the government it’s not too powerful
The FDIC director says a new "passivity agreement" with Vanguard is a victory over "the concentration of power in a few ...
AOL3d
BlackRock is trying to avoid the hot seat as GOP takes power
BlackRock also was granted more time to resolve a standoff with the Federal Deposit Insurance Corporation (FDIC) over its holdings of US banks, ensuring that the dispute will now play out in the ...