An Activist Investor Takes on BlackRock Over E.S.G.
Posted inAntitrust Laws and Competition Issues Balwani, Ramesh Bank of America Corporation Banking and Financial Institutions Bankman-Fried, Sam Biden, Joseph R Jr BlackRock Inc Dimon, James Fink, Laurence D Glencore International AG Goldman Sachs Group Inc HK FTX Trading Ltd (Futures Exchange) Layoffs and Job Reductions Moynihan, Brian T Paul Weiss Rifkind Wharton & Garrison Solomon, David M Trump Organization Trump, Donald J United States Economy Walker, Herschel Warnock, Raphael G

An Activist Investor Takes on BlackRock Over E.S.G.

A hedge fund sees BlackRock’s embrace of E.S.G. principles as a distraction, and it wants the money-management giant’s C.E.O., Laurence Fink, to step down.
JPMorgan, Citigroup and Other Big Banks See Profits Drop
Posted inBanking and Financial Institutions Citigroup Inc Company Reports Consumer Behavior Credit and Debt Dimon, James Fraser, Jane (1967- ) Gorman, James P JPMorgan Chase & Company Morgan Stanley Scharf, Charles W United States Economy Wells Fargo & Company

JPMorgan, Citigroup and Other Big Banks See Profits Drop

Lenders foresee economic “headwinds,” but household spending is mostly holding up, buffering profits from turmoil in financial markets.