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BlackRock Executive Seen
BlackRock Promotes Senior Executives Amid Wiedman’s Exit
BlackRock Inc. is elevating several senior executives to expand its business in the Americas and with key institutional clients, following the announced departure of Mark Wiedman, once seen as a potential successor to Chief Executive Officer Larry Fink.
BlackRock executive Mark Wiedman to leave firm, sources say
Asset manager BlackRock's senior executive Mark Wiedman, who was touted to be a potential successor to CEO Larry Fink, is departing the firm, said two sources familiar with the matter.
BlackRock Executive Seen as Leading CEO Contender to Leave Firm
Mark Wiedman was most recently head of BlackRock’s global client business
BlackRock assets hit record $11.6 trillion in 4th quarter
BlackRock assets hit record $11.6 trillion in fourth quarter
BlackRock posted a 21% fourth quarter jump in profit after buoyant equity markets increased income from fees and drove its assets to a record high of $11.6 trillion, the world's largest money manager said on Wednesday.
BlackRock Stock Rises as Firm Sets Record for Assets Under Management
Key Takeaways BlackRock's assets under management surged 15% year-over-year to $11.55 trillion.The asset manager beat estimates for earnings and revenue in the period.CEO Larry Fink noted that this was the second straight quarter of record inflows for BlackRock.
BlackRock’s Assets Rise 15% to Record $11.55 Trillion
BlackRock said in its fourth-quarter earnings report Wednesday that assets under management jumped to a record $11.55 trillion, up from $10 trillion a year ago. Analysts surveyed by FactSet had expected BlackRock to report a record $11.
1h
BlackRock Shakes Up Leadership, Units as CEO Contender Exits: Memo
BlackRock is making key leadership changes and combining some teams internally, according to a memo to employees from CEO ...
1d
The race to succeed Larry Fink just got a little more interesting as a top contender exits BlackRock
The BlackRock veteran Mark Wiedman is planning his exit from the firm, shaking up the race to succeed CEO Larry Fink.
Business Times
15h
BlackRock CEO succession outlook shifts amid exits, buying spree
BLACKROCK senior executive Mark Wiedman’s departure is just the latest sign that the hunt for chief executive officer Larry ...
1h
BlackRock's Strong ETF Flows Propel AUM to $11.55 Trillion in 2024
ETF inflows powered the asset manager's full-year earnings results to the tune of $641 billion; meanwhile, a potential ...
8h
In Larry Fink's 100th earnings call, the BlackRock CEO spoke about private markets and retirement — but not his own
BlackRock set a record for net inflows in 2024, with more than $600 billion.
1d
JPMorgan, BlackRock Departures: A Busy Day for Wall Street Exits
Senior executives at two of the nation's largest financial companies are on the way out. Mark Wiedman, head of BlackRock's global client business and a top candidate to succeed longtime CEO Larry Fink ...
8h
BlackRock Gets Record Client Cash, Revamps Leadership Team
BlackRock Inc. hauled in an annual record of $641 billion in client cash, underlining the firm’s global reach across stocks ...
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United States
Larry Fink
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