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BlackRock CEO Larry Fink wants Boomers to fix ‘retirement crisis’: ‘It’s no wonder younger generations, Millennials and Gen Z, are so economically anxious’

Young people “have lost trust in older generations,” Fink wrote. “The burden is on us to get it back."

26.03.2024 40

Fortune

Silla Brush

Vanguard CEO Tim Buckley to retire after 33 years at $8.7 trillion investment giant

The Pennsylvania firm’s board has initiated a search process for its next CEO and will consider both internal and external candidates, according to...

01.03.2024 70

Fortune

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It's a 'new regime,' BlackRock says: 'The era of ultra-low interest rates is in the past, and future expected returns look less attractive'

The index fund giant warned investors that they should rely more heavily on actively managed strategies going forward.

27.02.2024 20

Fortune

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$9 trillion Wall Street giant BlackRock to cut 600 jobs as CEO Larry Fink sees 'industry changing faster than at any time since the founding'

BlackRock said last January it would dismiss about 2.5%, or 500 employees, and announced further cuts in June, amounting to less than 1% of staff.

09.01.2024 30

Fortune

Silla Brush

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