Larry Fink News
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Bill Rubin, a senior investment analyst at BlackRock Inc. who picks financial-company stocks, didn’t mince words a year ago when he e-mailed JPMorgan Chase & Co. right after the bank disclosed a trading loss that ultimately cost more than $6.2 billion.
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As chairman and chief executive officer of BlackRock Inc., Larry Fink controls more money than Germany has gross domestic product.
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In June 2008, American International Group Inc. was desperately trying to figure out what to do with its $80 billion in money-losing credit-default swaps, which were backed by mortgages. Then Larry Fink came calling.
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Dec. 11 (Bloomberg) -- Blackrock CEO Larry Fink discusses HSBC's money laundering settlement. He speaks on Bloomberg Television's "Market Makers." (Source: Bloomberg)
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Oct. 15 (Bloomberg) -- Blackrock CEO Larry Fink talks about quantitative easing. He speaks on Bloomberg Television's "Street Smart CEO Summit: Debt." (Source: Bloomberg)
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July 3 (Bloomberg) -- BlackRock CEO Larry Fink says Barclays Bob Diamond is a strong CEO who leads with a lot of emotion. (Source: Bloomberg)
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It’s mid-October, and Jeffrey Gundlach is giving a stump speech to a luncheon crowd of about 200 financial advisers and investors at Los Angeles’s City Club. The renowned money manager’s theme: the financial catastrophe on the horizon.
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon “inflamed” public debate over a trade in London that has so far cost at least $2 billion, BlackRock Inc. CEO Larry Fink said.
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BlackRock Inc. Chief Executive Officer Larry Fink told investors on a conference call in January last year that the world’s biggest money manager was “very well positioned” for 2010. At the end of the year, the market sent a different message: New York-based BlackRock’s total share return was negative 16 percent, while the Standard and Poor’s 500 Asset Management and Custody Bank Index rose 13 percent.
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