Tag: BLACKROCK INC

  • Wall Streets $6 Trillion Man Fink Is Finally Worth $1 Billion

    BlackRock’s Larry Fink owns 0.7 percent of the money manager Schwarzman says unloading BlackRock was a “heroic” mistake Larry Fink, Starbucks coffee in hand, heading down Park Avenue. And there’s Bloomberg Billionaires Index. His holding in BlackRock is valued at $570 million with dividends, stock sales and compensation — $27.7 million in 2017 — making […]

  • Bond Traders Are About to Grasp the Magnitude of the Treasuries Deluge

    The world’s biggest bond market has managed to gulp down a swelling deluge of issuance in recent months. But this week could drive home that an even bigger wave is ahead. The non-partisan Congressional Budget Office on Monday is set to release its latest projection for the U.S. budget deficit. In June, before the tax […]

  • BlackRock Seeks $10 Billion to Buy Stakes in Companies

    BlackRock Inc., the world’s largest money manager, is seeking to raise more than $10 billion to buy and hold stakes in companies. BlackRock, which oversees about $6 trillion in assets, is seeking capital from sovereign-wealth funds, pensions and other big investors for an effort named BlackRock Long-Term Private Capital, according to a person familiar with […]