FierceFinanceFierceFinanceITFierceSarbox   FierceCIO
Syndicate content

BlackRock news from FierceFinance

Most Popular BlackRock story
Related Tags Merrill Lynch   Morgan Stanley   career opportunity   Hedge Funds
Tools

News

BlackRock's role in the crisis

October 31, 2008 — 11:39am ET | By Jim Kim
BlackRock CEO Larry Fink is dominating the headlines like he did a few months ago, when it seemed like he was a candidate for every high-profile open CEO position. His firm is playing an active role... Read more...

The big bailout gravy train

September 22, 2008 — 9:35am ET | By Jim Kim
The big bailout will likely mean big bucks to a few lucky asset managers, all of whom are jockeying for their piece of the pie. The $700 billion bailout is looking more and more like a gravy train.... Read more...

Lehman Bad Bank idea a bad one?

September 12, 2008 — 11:09am ET | By Jim Kim
Lehman's announcement that it would spin off a bad bank was widely expected, and to many it seemed like a reasonable move. But not so fast. The issue of how the bad bank will be financed long-term... Read more...

Another Merrill Lynch shocker: $5.7 billion more in write-downs

July 28, 2008 — 9:45pm ET | By Jim Kim
Fresh off a massive loss, Merrill Lynch announced it will write down another of $5.7 billion for the third quarter. Most of that stems from a move to finally get rid... Read more...

Merrill Lynch's ace up its sleeve

July 23, 2008 — 1:35pm ET | By Jim Kim
KBW has put a value on Merrill Lynch's 49 percent stake in asset manager BlackRock: $30 to $35 billion, reports MarketWatch. This qualifies as a crown jewel in the Merrill portfolio of assets. If it... Read more...

Merrill Lynch was serious about BlackRock sale

July 21, 2008 — 1:27pm ET | By Jim Kim
The Financial Times reports that Merrill Lynch was serious about selling its 49 percent stake in BlackRock back to the asset manager, revealing that Merrill CEO John Thain and BlackRock CEO Larry... Read more...

The real value of Merrill Lynch

July 20, 2008 — 8:17am ET | By Jim Kim
Merrill Lynch, trading at about $30 a share, has a market cap of about $30 billion. Breakingviews argues that Mr. Market has woefully undervalued the firm, discounting it way too much for the... Read more...

Merrill Lynch's loss much worse than expected, but...

July 18, 2008 — 8:00am ET | By Jim Kim
"Right now we believe we are in a very comfortable spot in terms of our capital." So said John Thain, CEO of Merrill Lynch. He was addressing skeptical analysts who... Read more...

Merrill Lynch's earnings in the spotlight

July 17, 2008 — 7:41am ET | By Jim Kim
Bank earnings for the second quarter have been surprisingly strong, so far. Of course, expectations were really, really low, which helped JPMorgan Chase handily top... Read more...

Merrill Lynch leaning toward sale of Bloomberg?

July 8, 2008 — 1:54pm ET | By Jim Kim
We've noted that top banks and brokerages are pondering all kinds of asset sales. Few will do so in an environment as trigger-happy as the one in which Merrill Lynch now exists. Speculation is heavy... Read more...
12345678next ›last »