Edge Rewrite
Jump to content

BlackRock

From Wikipedia, the free encyclopedia

BlackRock, Inc.
TypePublic
ISINUS450614482
IndustryInvestment management
FoundedMarch 9, 1988; 38 years ago (1988-03-09)
Founders
Headquarters50 Hudson Yards, ,
U.S.
Area served
Worldwide
Key people
Products
RevenueIncrease US$24.22 billion (2025)
Decrease US$7.045 billion (2025)
Decrease US$5.553 billion (2025)
AUMIncrease US$15.3 trillion (2026)
Total assetsIncrease US$170.0 billion (2025)
Total equityIncrease US$55.89 billion (2025)
Number of employees
24,900 (2025)
Subsidiaries
Websiteblackrock.com
Footnotes
[1][2][3]

BlackRock, Inc. is an American multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the largest asset manager worldwide,[1] with $15.3 trillion in assets under management as of 2026.[4] Headquartered in New York City, BlackRock has 70 offices in 30 countries and clients in 100 countries.[5]

BlackRock is the manager of the iShares group of exchange-traded funds, and along with Fidelity, Vanguard, and State Street, it is considered one of the Big Three index fund managers.[6][7] Its Aladdin software keeps track of investment portfolios for many major financial institutions and its BlackRock Solutions division provides financial risk management services. BlackRock is ranked 210th on the Fortune 500.[8]

BlackRock has sought to position itself as an industry leader in environmental, social, and governance (ESG) considerations in investments.[9] As of 2026, nine U.S. states have divested a total of $13.3 billion from BlackRock because of its ESG policies.[10] BlackRock has been criticized for investing in companies involved in fossil fuels, the arms industry, the People's Liberation Army, and human rights violations in China.

History

[edit]

1988–1999

[edit]

BlackRock was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Bennett Golub, Hugh Frater, Ralph Schlosstein, and Keith Anderson[11] to provide institutional clients with asset management services from a risk-management perspective.[12] Fink, Kapito, Golub, and Novick had worked together at First Boston, where Fink and his team were pioneers in the mortgage-backed securities market in the United States.[13] During Fink's tenure, he had lost $90 million as co-head of First Boston’s Fixed Income Division. That experience was the motivation to develop what he and the others considered excellent risk management and fiduciary practices. Initially, Fink sought funding (for initial operating capital) from Peter Peterson of The Blackstone Group, who believed in Fink's vision of a firm devoted to risk management. Peterson called it Blackstone Financial Management.[14] In exchange for a 50% stake in the bond business, Blackstone initially gave Fink and his team a $5 million credit line. Within months, the business had turned profitable, and by 1989 the group's assets had quadrupled to $2.7 billion. The proportion of the stake Blackstone owned also fell to 40%, compared to Fink's staff.[14]

By 1992, Blackstone had a stake of about 36% in the company, and Stephen A. Schwarzman and Fink were considering selling shares to the public.[15] The firm adopted the name BlackRock, and was managing $17 billion in assets by the end of the year. At the end of 1994, BlackRock was managing $53 billion.[16] In 1994, Schwarzman and Fink had an internal dispute over methods of compensation and equity.[15] Fink wanted to share equity with new hires, to lure talent from banks, but Schwarzman did not want to further lower Blackstone's stake.[15] They agreed to part ways, and Schwarzman sold BlackRock, a decision he later called a "heroic mistake".[15][17]

In June 1994, Blackstone sold a mortgage-securities unit with $23 billion in assets to PNC Financial Services for $240 million.[18] The unit had traded mortgages and other fixed-income assets, and during the sales process it changed its name from Blackstone Financial Management to BlackRock Financial Management.[15] Schwarzman remained with Blackstone, while Fink became chairman and CEO of BlackRock.[15]

1999–2009

[edit]

On October 1, 1999, BlackRock became a public company, selling shares at $14 each via an initial public offering on the New York Stock Exchange.[16][19][20] By the end of 1999, BlackRock was managing $165 billion in assets.[16] BlackRock grew both organically and by acquisition. In 2000, the firm launched BlackRock Solutions to provide risk management and investment analytics to institutional investors and other large investment managers.[21] The platform includes advisory services and technology,[22] being based on BlackRock's Aladdin System, an acronym for Asset Liability and Debt and Derivative Investment Network.[23]

In August 2004, BlackRock made its first major acquisition, buying State Street Research & Management's holding company SSRM Holdings, Inc. from MetLife for $325 million in cash and $50 million in stock. The acquisition increased BlackRock's assets under management from $314 billion to $325 billion.[24] The deal included the mutual-fund business State Street Research & Management in 2005.[18]

BlackRock merged with Merrill's Investment Managers division (MLIM) in 2006,[16][25] halving PNC's ownership and giving Merrill a 49.5% stake in the company.[26] In October 2007, BlackRock acquired the fund-of-funds business of Quellos Capital Management.[27][28] In April 2009, BlackRock acquired R3 Capital Management, LLC and management of its $1.5 billion fund.[29] In May 2009, BlackRock Solutions was retained by the U.S. Treasury Department[30] to analyze, unwind, and price the toxic assets that were owned by Bear Stearns, American International Group, Freddie Mac, Morgan Stanley, and other financial firms that were affected in the 2008 financial crisis.[31][32] The Federal Reserve allowed BlackRock to superintend the $130 billion-debt settlement of Bear Stearns and American International Group.[33]

2010–2019

[edit]

In February 2010, to raise capital needed due to the 2008 financial crisis, Barclays sold its Barclays Global Investors (BGI) unit, which included its exchange traded fund business, iShares, to BlackRock for US$13.5 billion and Barclays acquired a near-20% stake in BlackRock.[34][35] On April 1, 2011, BlackRock was added as a component of the S&P 500 stock market index.[36][37] In 2013, Fortune listed BlackRock on its annual list of the world's 50 Most Admired Companies.[18] In 2014,[18] BlackRock's $4 trillion under management made it the "world's biggest asset manager".[38] At the end of 2014, the Sovereign Wealth Fund Institute reported that 65% of Blackrock's assets under management were made up of institutional investors.[39]

By June 30, 2015, BlackRock had US$4.721 trillion of assets under management.[40] On August 26, 2015, BlackRock entered into a definitive agreement to acquire FutureAdvisor,[41] a digital wealth management provider with reported assets under management of $600 million.[42] Under the deal, FutureAdvisor would operate as a business within BlackRock Solutions (BRS).[41] BlackRock announced in November 2015 that they would wind down the BlackRock Global Ascent hedge fund after losses. The Global Ascent fund had been its only dedicated global macro fund, as BlackRock was "better known for its mutual funds and exchange traded funds". At the time, BlackRock managed $51 billion in hedge funds, with $20 billion of that in funds of hedge funds.[43]

In March 2017, BlackRock, after a six-month review led by Mark Wiseman, initiated a restructuring of its $8 billion actively managed fund business, resulting in the departure of seven portfolio managers and a $25 million charge in the second quarter, replacing certain funds with quantitative investment strategies.[44] By April 2017, iShares business accounted for $1.41 trillion, or 26%, of BlackRock's total assets under management, and 37% of BlackRock's base fee income.[45] Also in April 2017, BlackRock backed the inclusion of mainland Chinese shares in MSCI's global index for the first time.[46]

2020–present

[edit]

In January 2020, PNC Financial Services sold its stake in BlackRock for $14.4 billion.[47] In March 2020, the Federal Reserve chose BlackRock to manage two corporate bond-buying programs in response to the COVID-19 pandemic.[33][48][49] This also included the $500 billion Primary Market Corporate Credit Facility (PMCCF) and the Secondary Market Corporate Credit Facility (SMCCF), as well as purchase by the Federal Reserve of commercial mortgage-backed securities (CMBS) guaranteed by Government National Mortgage Association, Fannie Mae, or Freddie Mac.[33][48][49] In August 2020, BlackRock received approval from the China Securities Regulatory Commission to set up a mutual fund business in the country. This made BlackRock the first global asset manager to get consent from the Chinese government to start operations in the country.[50][51]

In October 2021 BlackRock launched its Voting Choice program, enabling institutional clients invested in index funds to participate in shareholder voting.[52][53] Eligible clients can vote all issues, vote only on some issues, select from 14 different voting policies,[54] or allow BlackRock's investment stewardship team to vote for them.[53] BlackRock Investment Stewardship is a team of approximately 70 analysts[55] who engage with the boards and management teams of companies, and vote shares, on the behalf of non-voting clients.[56]

In May 2021, BlackRock announced that it has acted as the majority debt provider on heylo housing's £362.5 million acquisition of a portfolio of 3,000 shared-ownership homes through its Home Reach scheme.[57]

In November 2021, BlackRock lowered its investment in India while increasing investment in China. The firm maintains a dedicated India Fund, through which it invests in Indian start-ups Byju's, Paytm, and Pine Labs.[58][59] On December 28, 2022, it was announced that BlackRock and Volodymyr Zelensky had coordinated a role for the company in the reconstruction of Ukraine.[60][61] This was after BlackRock CEO Larry Fink and Zelensky met over a video conference in September, 2022.[60] In July 2025, Bloomberg reported that BlackRock had paused efforts earlier in the year to line up investors for a proposed Ukraine recovery fund amid increased uncertainty. The company said it had completed its pro bono advisory work in 2024 and no longer had an active mandate.[62] In April 2023, the company was hired to sell $114 billion in assets of Signature Bank and Silicon Valley Bank after the 2023 United States banking crisis.[63][64] In June 2023, BlackRock filed an application with the United States Securities and Exchange Commission (SEC) to launch a Spot Bitcoin Exchange-Traded Fund (ETF), and in November 2023 it filed another application for a Spot Ethereum ETF. The spot bitcoin ETF filing and 10 others were approved on January 10, 2024.[65] On January 19, 2024, the iShares Bitcoin Trust ETF (IBIT) was the first spot bitcoin ETF to reach $1 billion in volume.[66]

In July 2023, the company appointed Amin H. Nasser to its board.[67] Nasser, the chief executive officer of Saudi Aramco, the world's largest oil company, will fill BlackRock's board vacancy left by Bader Alsaad in 2024.[68] In August 2023, BlackRock signed an agreement with New Zealand to establish a NZ$2 billion investment fund for solar, wind, green hydrogen, battery storage, and EV charging projects as part of its goal of reaching 100% renewable energy by 2030.[69][70] In January 2024, BlackRock announced that it would acquire the investment fund Global Infrastructure Partners for $12.5 billion.[71][72][73] BlackRock agreed to pay $3 billion in cash and 12 million of its own shares as part of the deal to buy GIP. In March 2024, BlackRock launched its first tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) on Ethereum, which represents investments in U.S. Treasury bills and repo agreements. The fund secured $245 million in assets in the first week.[74] On July 15, 2024, BlackRock removed from circulation an advertisement filmed in 2022 that briefly featured Thomas Matthew Crooks, the gunman in the attempted assassination of Donald Trump.[75][76] The firm expanded its headquarters at 50 Hudson Yards in mid-2024.[77]

In December 2024, BlackRock agreed to acquire HPS Investment Partners, a private credit manager with approximately $148 billion in client assets, for about $12 billion paid in BlackRock equity.[78] The transaction closed on July 1, 2025.[79] BlackRock combined HPS with its own private credit and collateralized loan obligation businesses in a new unit called Private Financing Solutions, which the firm said held approximately $190 billion in client assets at closing.[80]

In March 2025, BlackRock launched its first European bitcoin exchange-traded product, the iShares Bitcoin ETP, domiciled in Switzerland and listed in Paris, Amsterdam, and Frankfurt.[81] In the United States, BlackRock's iShares Bitcoin Trust (IBIT) launched in January 2024, and by May 2024, was reported as the world's largest bitcoin fund, with nearly $20 billion in assets.[82] In April 2025, BlackRock filed to the SEC to launch a new share class of its $150 billion money market fund that is registered on a blockchain.[83] In June 2025, BlackRock launched the iShares Texas Equity ETF (TEXN), a Texas focused fund the firm said would invest in companies headquartered in the state.[84][85] On 24 February 2026, BlackRock acquired a 5.01% stake in HLB, a South Korean biotech firm.[86] In March 2026, BlackRock announced that it was limiting withdrawals from a private credit fund.[87][88]

In July 2023, BlackRock and Jio Financial Services formed a 50:50 asset management joint venture, Jio BlackRock,[89] which received registration from the Securities and Exchange Board of India in May 2025 and began operations that year.[90] In January 2026 the venture's chief executive said it had reached one million investors and held more than ₹13,700 crore in assets under management.[91]

In March 2026, the BlackRock Foundation announced Future Builders, a $100 million, five-year program funding skilled-trades training through nonprofit and workforce-development partners, with a stated goal of reaching 50,000 workers.[92][93][94] Reporting on the announcement connected it to BlackRock's infrastructure investments and to chief executive Larry Fink's statements about shortages of electricians and other tradespeople needed for data-center construction.[92][93]

Finances

[edit]
Year Revenue
(million USD)
Net income
(million USD)
Total assets
(million USD)
AUM[95][96]
(million USD)
Price per
share (USD)
Employees
2005 1,191 234 1,848 62.85 2,151
2006 2,098 323 20,469 103.75 5,113
2007 4,845 993 22,561 128.69 5,952
2008 5,064 784 19,924 1,310,000 144.07 5,341
2009 4,700 875 178,124 3,350,000 136.79 8,629
2010 8,612 2,063 178,459 3,561,000 145.85 9,127
2011 9,081 2,337 179,896 3,513,000 148.27 10,100
2012 9,337 2,458 200,451 3,792,000 158.53 10,500
2013 10,180 2,932 219,873 4,325,000 238.52 11,400
2014 11,081 3,294 239,792 4,651,895 289.80 12,200
2015 11,401 3,345 225,261 4,645,412 322.68 13,000
2016 12,261 3,168 220,177 5,147,852 334.16 13,000
2017 13,600 4,952 220,217 6,288,195 414.60 13,900
2018 14,198 4,305 159,573 5,975,818 492.98 14,900
2019 14,539 4,476 168,622 7,430,000 448.22 16,200
2020 16,205 4,932 176,982 8,677,000 558.56 16,500
2021 19,169 5,901 152,648 10,010,143 913.76 18,400
2022 17,873 5,178 117,628 8,594,485 708.63 19,800
2023 17,859 5,502 123,211 10,008,995 811.80 19,800
2024 20,407 6,369 138,615 11,551,251 1,025.11 21,100
2025 24,922 5,553 169,998 14,000,000 24,900

Mergers and acquisitions

[edit]
Number Acquisition date Company Country Price (USD) Used as or integrated with Refs.
1 February 10, 2006 Merrill's Investment Managers division (MLIM)  United States $9.3 billion Retail and international presence [97]
2 January 12, 2009 Barclays Global Investor $13.5 billion ETF [35]
3 January 15, 2010 Helix Financial Group   CRE [98][99]
4 August 25, 2015 FutureAdvisor $150 million Robo-advisory [100][101]
5 April 18, 2016 Money market fund business of Bank of America   $80 billion in assets in money market funds [102]
6 February 1, 2017 Energy infrastructure investment platform of First Reserve Corporation   Funds investing in energy [103]
7 June 9, 2017 Cachematrix   Liquidity management [104]
8 January 8, 2018 Tennenbaum Capital Partners   Private credit [105]
9 September 24, 2018 Asset Management Business of Citibanamex Mexico $350 million Fixed income, equity, and multi-asset funds holding [106][107]
10 October 5, 2019 eFront France $1.3 billion in cash Alternative investment management software [108][109]
11 February 1, 2021 Aperio  United States $1.05 billion in cash A provider of tax-optimized index equity separately managed accounts [110][111]
12 June 8, 2023 Kreos  United Kingdom   Private credit [112]
13 January 12, 2024 Global Infrastructure Partners  United States $12.5 billion ($3 billion in cash, rest in shares) Infrastructure assets [72]
14 July 1, 2024 Preqin  United Kingdom $3.2 billion Private market data provider [113]
15 December 3, 2024 HPS Investment Partners  United States $12 billion ($9.3 billion in stock, $3 billion in five years subject to targets) Private credit [114]
16 September 2, 2025 ElmTree Funds  United States   Private Financing Solutions; commercial net-lease sector; long-dated contractual income solutions. [115][116][117]

In 2025, BlackRock was one of the donors who funded the White House's East Wing demolition and planned building of a ballroom.[118]

Issues

[edit]
Environmental activists, including global interfaith organization GreenFaith and Extinction Rebellion, protest BlackRock's shareholder meeting on May 31, 2022 due its investment of client assets in companies that contribute to climate change.

Allegations of under-regulation

[edit]

Blackrock is a non-bank financial institution and, as a result, it does not face the same regulations as banks. This has led to calls by U.S. government officials, including Elizabeth Warren, Katie Porter, and Chuy García, to increase regulation of the firm, including designating it as "too big to fail".[119]

Influence of the largest asset managers

[edit]

The 'Big Three' asset management firms – BlackRock, Vanguard and State Street manage over $15 trillion in combined global assets under management.[120]

BlackRock invests the funds of its clients (for example, the owners of iShares exchange-traded fund units) in numerous publicly traded companies.[121] Because of the size of BlackRock's funds, the company and other large asset managers are technically listed among the largest shareholders of many public companies. BlackRock states these shares are ultimately owned by the company's clients, not by BlackRock itself—a view shared by multiple independent academics—but acknowledges it can exercise shareholder votes on behalf of these clients, in many cases without client input.[122]

BlackRock allows institutional investors in ETFs to participate in shareholder voting.[52] Investors in BlackRock's iShares Core S&P 500 ETF can choose from seven different general policies designed by Glass Lewis and Institutional Shareholder Services but they cannot make specific votes on any of the 500 components of the ETF.[123][124]

The company has faced criticism due to "Common ownership". It has invested client funds in several companies that compete with each other, which allegedly stifles competition.[125][126]

Criticism of holdings in investment funds

[edit]

Since BlackRock invests clients assets in a wide array of companies, some of which are controversial, the company has been subject to boycotts, protests, and criticism.

Investment products and initiatives that have attracted criticism include those with connections to environmental, social and corporate governance (ESG) and socially responsible investing initiatives,[127][128][129][130][131][132][133][134][135][136][137][138][139][140] coal-fired power stations and other contributors to climate change,[141][142][143] investments in gun manufacturers and gun retailers as well as establishment of gun-free investment products,[144][145][146][147] investments in China including companies aiding the People's Liberation Army and companies involved in the persecution of Uyghurs in China,[148][149][150][151][152][153][154][155][156][157][158][159][160] and companies that do business in Israel.[161][162][163][164]

The company has also been criticized for supporting actions such as the Carbon Disclosure Project[165][166][167] and gender diversity.[168][169][170]

Institutions that have called for or implemented protests, boycotts, or divestments from BlackRock include the Sierra Club,[171] Amazon Watch,[172][173] and other environmental groups,[174][175][176][177] and the states of West Virginia, Louisiana, and Florida, which were opposed to ESG initiatives.[178][179][180][181][182][183][184][185]

Ties with Israel

[edit]

During 2025, a UN report on corporations complicit in the Gaza genocide showed that BlackRock was one of the main investors in tech and military companies, such as Palantir, Microsoft, Amazon, Alphabet Inc., IBM, Lockheed Martin and Caterpillar Inc.[186][187][188][189]

Key people

[edit]

BlackRock has a 19-member board of directors, including:[190]

Notable former members of the board of directors include:

See also

[edit]

References

[edit]
  1. 1 2 "BlackRock, Inc. 2025 Form 10-K Annual Report". U.S. Securities and Exchange Commission. February 25, 2026.
  2. Gledhill, Alice; Lacqua, Francine (October 9, 2023). "BlackRock's Hildebrand Wants IMF to Address New Economic Reality". Bloomberg News. Archived from the original on January 6, 2024. Retrieved December 1, 2023.
  3. Rodda, Caroline (January 15, 2025), BlackRock Reports Full Year 2024 (PDF), BlackRock, pp. 1, 2, retrieved January 27, 2025
  4. "BlackRock Reports Second Quarter 2026 Diluted EPS". BlackRock. July 15, 2026.
  5. About Us, BlackRock, retrieved January 24, 2025
  6. Bebchuk, Lucian; Hirst, Scott (December 2019). "Index Funds and the Future of Corporate Governance: Theory, Evidence, and Policy". Columbia Law Review. 119 (8): 2029–2146. SSRN 3282794. Archived from the original on November 29, 2022. Retrieved December 9, 2022.
  7. McLaughlin, David; Massa, Annie (January 9, 2020). "The Hidden Dangers of the Great Index Fund Takeover". Bloomberg News. Archived from the original on June 7, 2021. Retrieved June 7, 2021.
  8. "BlackRock". Fortune. Retrieved December 12, 2025.
  9. Binnie, Isla (June 26, 2023). "BlackRock's Fink says he's stopped using 'weaponised' term ESG". Reuters. Archived from the original on November 18, 2025. Retrieved June 2, 2026.
  10. "BlackRock Divestment Tracker - Americans for Tax Reform". April 5, 2024. Retrieved September 23, 2026.
  11. Appell, Douglas (July 9, 2012). "BlackRock departures spur talk about Fink's future". Pensions & Investments. Archived from the original on April 15, 2019. Retrieved April 15, 2019.
  12. "The rise of BlackRock". The Economist. December 5, 2013. ISSN 0013-0613. Archived from the original on May 4, 2022. Retrieved April 15, 2019.
  13. "Larry Fink Q&A: "I Don't Identify as Powerful"". Bloomberg News. Archived from the original on April 30, 2022. Retrieved April 15, 2019.
  14. 1 2 Carey, David; Morris, John E. (2012). King of Capital: The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone. Crown Publishing Group. p. 59. ISBN 978-0307886026. Archived from the original on February 24, 2024. Retrieved April 11, 2019.
  15. 1 2 3 4 5 6 Banerjee, Devin (September 30, 2013). "Schwarzman Says Selling BlackRock Was 'Heroic' Mistake". Bloomberg News. Archived from the original on December 16, 2021. Retrieved March 5, 2017.
  16. 1 2 3 4 "History". BlackRock. Archived from the original on May 16, 2018. Retrieved April 7, 2023.
  17. Foley, John; Cox, Rob (December 23, 2019). "BlackRock is Wall Street's object of fantasy M&A". Reuters. Archived from the original on May 1, 2022. Retrieved October 26, 2021.
  18. 1 2 3 4 Loomis, Carol J. (July 7, 2014). "BlackRock: The $4.3 trillion force". Fortune. Archived from the original on July 4, 2019. Retrieved April 7, 2023.
  19. "Here come the IPOs". CNN. September 26, 1999. Archived from the original on April 8, 2023. Retrieved April 7, 2023.
  20. Agnew, Harriet (October 10, 2021). "BlackRock: 'the journey of a single man'". Financial Times. Archived from the original on January 19, 2024. Retrieved January 19, 2024.
  21. "BlackRock launched BlackRock Solutions to provide risk management and..." Pensions & Investments. August 16, 2000. Retrieved March 14, 2025.
  22. Segal, Julie (December 21, 2011). "BlackRock Is Remaking the Capital Markets". Institutional Investor. Retrieved March 14, 2025.
  23. Kimes, Mina (October 11, 2012). "BlackRock's boy wonder". Fortune. Retrieved March 14, 2025.
  24. "BlackRock Acquiring State Street Research from MetLife" (Press release). Business Wire. August 24, 2004. Archived from the original on January 29, 2021. Retrieved September 7, 2018.
  25. "BlackRock and a hard place". The Economist. February 16, 2006. Archived from the original on April 7, 2023. Retrieved April 7, 2023.
  26. Spence, John (October 2, 2006). "BlackRock, Merrill fund unit complete merger". MarketWatch. Archived from the original on May 1, 2022. Retrieved April 11, 2019.
  27. "BlackRock to Buy Quellos Fund of Funds Business". CNBC. Reuters. June 26, 2007. Archived from the original on April 7, 2023. Retrieved April 7, 2023.
  28. DeSilver, Drew (June 27, 2007). "Quellos is selling unit to BlackRock in $1.72 billion deal". The Seattle Times. Archived from the original on June 15, 2021. Retrieved March 10, 2020.
  29. "BlackRock to Acquire R3 Capital". The New York Times. April 17, 2009. Archived from the original on May 2, 2022. Retrieved May 9, 2017.
  30. Kolhatkar, Sheelah (December 9, 2010). "Fink Builds BlackRock Powerhouse Without Goldman Sachs Backlash". Bloomberg News. Archived from the original on October 22, 2014. Retrieved March 5, 2017.
  31. Rappaport, Liz; Craig, Susanne (May 19, 2009). "BlackRock Wears Multiple Hats". The Wall Street Journal. ISSN 0099-9660. Archived from the original on May 1, 2022. Retrieved January 24, 2019.
  32. 1 2 Andrews, Suzanna (2010). "Larry Fink's $12 Trillion Shadow | Business | Vanity Fair". www.vanityfair.com. Archived from the original on February 28, 2011. Retrieved June 2, 2026. There is little doubt among the financial establishment in Washington and on Wall Street that BlackRock was the best choice to handle the government's problems.
  33. 1 2 3 "Analysis | Why BlackRock Has a Role in the Fed Bond-Buying Spree". Washington Post. Archived from the original on June 18, 2020. Retrieved June 2, 2026.
  34. "BlackRock wraps up merger with Barclays Global Investors". Associated Press. February 16, 2010. Archived from the original on April 7, 2023. Retrieved April 7, 2023.
  35. 1 2 "US giant BlackRock buys arm of Barclays bank". The Guardian. June 12, 2009. Archived from the original on May 1, 2022. Retrieved May 8, 2017.
  36. "BlackRock to join S&P 500 index". Reuters. March 29, 2011. Archived from the original on April 7, 2023. Retrieved April 7, 2023.
  37. "BlackRock to join S&P 500 index, replacing Genzyme". The Boston Globe. March 29, 2011. Archived from the original on April 7, 2023. Retrieved April 7, 2023.
  38. "Shadow and substance". The Economist. May 10, 2014. Archived from the original on February 1, 2018. Retrieved August 24, 2017.
  39. "Is BlackRock Too Big". Sovereign Wealth Fund Institute. n.d. Archived from the original on January 29, 2021. Retrieved February 9, 2015.
  40. "BlackRock profit falls as shift from stocks hits fee revenue". Reuters. July 14, 2016. Archived from the original on November 8, 2020. Retrieved January 15, 2019.
  41. 1 2 "BlackRock to Acquire FutureAdvisor". Business Wire (Press release). BlackRock. August 26, 2015. Archived from the original on June 24, 2023. Retrieved August 26, 2015.
  42. Tepper, Fitz (June 24, 2015). "YC Alum FutureAdvisor Is Now Managing $600 Million In Assets". TechCrunch. Archived from the original on May 1, 2022. Retrieved September 12, 2015.
  43. Stevenson, Alexandra (November 18, 2015). "BlackRock to Wind Down Macro Hedge Fund". The New York Times. ISSN 0362-4331. Archived from the original on May 3, 2022. Retrieved November 19, 2015.
  44. "BlackRock cuts ranks of stockpicking fund managers". Financial Times. March 27, 2017. Archived from the original on March 29, 2017. Retrieved March 30, 2017.
  45. Foley, Stephen (April 19, 2017). "BlackRock assets under management hit $5.4tn on record ETF inflows". Financial Times. Archived from the original on April 30, 2017. Retrieved May 10, 2017.
  46. Hughes, Jennifer (April 20, 2017). "BlackRock backs mainland China shares for MSCI benchmarks". Financial Times. Archived from the original on April 23, 2017. Retrieved May 10, 2017.
  47. Sabatini, Patricia (May 15, 2020). "PNC sold its shares to Blackrock stake for $14.4 billion". Pittsburgh Post-Gazette. Archived from the original on July 30, 2022. Retrieved March 4, 2021.
  48. 1 2 Sophie, Baker (March 25, 2020). "Fed chooses BlackRock for pandemic support programs". Pensions & Investments. Archived from the original on January 23, 2021. Retrieved June 2, 2026.
  49. 1 2 Marte, Jonnelle (June 30, 2020). "Fed opens primary market corporate bond facility". U.S. Archived from the original on January 31, 2021. Retrieved June 2, 2026.
  50. Zacks Equity Research (September 2, 2020). "BlackRock Gets Nod to Set Up Mutual Fund Business in China (Revised)". Nasdaq. Archived from the original on May 1, 2022. Retrieved September 16, 2020.
  51. "BlackRock Gets Nod to Set Up Mutual Fund Business in China (Revised)". news.yahoo.com. September 7, 2020. Archived from the original on September 7, 2021. Retrieved September 16, 2020.
  52. 1 2 Jessop, Simon (June 12, 2022). "BlackRock extends AGM vote choice to more equity index clients". Reuters. Retrieved March 14, 2025.
  53. 1 2 Brush, Silla (June 12, 2022). "BlackRock Gives Clients Greater Voting Choice Amid ESG Scrutiny". Bloomberg News. Retrieved March 14, 2025.
  54. Masters, Brooke (November 2, 2022). "BlackRock opens door for retail investors to vote in proxy battles". Financial Times. Retrieved March 14, 2025.
  55. Au-Yeung, Angel (June 18, 2022). "The 70 BlackRock Analysts Who Speak for Millions of Shareholders". Wall Street Journal. ISSN 0099-9660. Retrieved June 2, 2026.
  56. Clifford, Catherine (May 11, 2022). "Blackrock to vote for fewer climate shareholder provisions in 2022 than 2021". CNBC. Retrieved March 14, 2025.
  57. "BlackRock backs for-profit RP on £362.5m shared ownership acquisition". Social Housing. Retrieved April 29, 2026.
  58. "World's biggest asset manager BlackRock trimming investments in India, more optimistic on China". ThePrint. November 23, 2021. Archived from the original on May 1, 2022. Retrieved March 24, 2022.
  59. "BlackRock says it's time to buy China stocks and trim India exposure: Report". Business Today. November 23, 2021. Archived from the original on March 24, 2022. Retrieved March 24, 2022.
  60. 1 2 Smith, Elliot (December 28, 2022). "Zelenskyy, BlackRock CEO Fink agree to coordinate Ukraine investment". CNBC. Archived from the original on December 30, 2022.
  61. Schonfeld, Zach (December 28, 2022). "Zelensky agrees to Ukraine rebuild investment with BlackRock CEO". The Hill. Archived from the original on December 29, 2022.
  62. Leonard, Jenny; Donato, Paolo Mancini; Kehnscherper, Leonard (July 5, 2025). "BlackRock Halted Ukraine Fund Talks After Trump's Election Win". Bloomberg. Retrieved July 8, 2025.
  63. Reichl, Dan; Brush, Silla (April 5, 2023). "BlackRock to Sell $114 Billion of Failed Banks' Securities". Bloomberg News. Archived from the original on April 8, 2023. Retrieved April 7, 2023.
  64. Hughes, Jennifer; Masters, Brooke (April 5, 2023). "BlackRock to manage $114bn of asset disposals after US bank failures". Financial Times. Archived from the original on April 7, 2023. Retrieved April 7, 2023.
  65. Yue, Frances. "BlackRock is applying for a spot bitcoin ETF. Here's why it matters to the crypto industry". Market Watch. Archived from the original on December 7, 2023. Retrieved December 6, 2023.
  66. Brewster, Lucy (January 19, 2024). "Spot Bitcoin ETF Inflows Soar; BlackRock Fund Passes $1 Bln". etf.com. Archived from the original on February 28, 2024. Retrieved February 28, 2024.
  67. "BlackRock Names Aramco CEO Amin Nasser to Its Board of Directors". Bloomberg.com. July 17, 2023. Archived from the original on February 24, 2024. Retrieved July 19, 2023.
  68. Grover, Natalie (July 17, 2023). "BlackRock names Aramco boss to board". Reuters. Retrieved September 25, 2024.
  69. Hipkins, Chris; Woods, Megan (August 8, 2023). "First of its kind climate fund to back 100% renewable energy". Beehive.govt.nz. New Zealand Government. Archived from the original on October 10, 2023. Retrieved October 14, 2023.
  70. Gibson, Eloise (August 9, 2023). "Government partners with US investment giant BlackRock on 2bn fund for solar, wind, hydrogen". Stuff. Archived from the original on August 27, 2023. Retrieved October 14, 2023.
  71. "BlackRock Agrees to Acquire GIP, Creating a World Leading Infrastructure Private Markets Investment Platform". Global Infrastructure Partners. January 12, 2024. Retrieved January 12, 2024.
  72. 1 2 "BlackRock strikes $12.5 bln deal for Global Infrastructure Partners". Reuters. January 12, 2024.
  73. "BlackRock CEO Larry Fink on GIP deal: The future in private markets will be infrastructure". Youtube – CNBC Television. January 12, 2024. Archived from the original on January 12, 2024. Retrieved January 12, 2024.
  74. "BlackRock Launches Its First Tokenized Fund, BUIDL, on the Ethereum Network". www.businesswire.com. Retrieved May 27, 2024.
  75. Victoria Cavaliere, Bloomberg (July 14, 2024). "Trump shooter was once featured in a BlackRock ad". Fortune. Retrieved July 16, 2024.
  76. "BlackRock says suspect from Trump rally appeared in a 2022 ad". Reuters. July 15, 2024. Retrieved July 16, 2024.
  77. Wong, Natalie (July 31, 2024). "BlackRock Expands New York Offices at Related's 50 Hudson Yards". Bloomberg.com. Retrieved June 2, 2026.
  78. "BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion". CNBC. December 3, 2024.
  79. "HPS struts into BlackRock as Fink bets big on private credit". Pensions & Investments. Bloomberg News. July 1, 2025.
  80. "BlackRock Completes Acquisition of HPS Investment Partners" (Press release). BlackRock. July 1, 2025.
  81. Withers, Iain (March 25, 2025). "BlackRock launches first bitcoin product in Europe". Reuters. Retrieved June 2, 2026.
  82. McGee, Suzanne (May 29, 2024). "BlackRock's ETF becomes largest bitcoin fund in world, Bloomberg News reports". Reuters. Retrieved June 2, 2026.
  83. Lee, Isabelle (April 30, 2025). "BlackRock Brings Blockchain Push to a $150 Billion Treasury Fund". Bloomberg. Retrieved June 2, 2026.
  84. Samuel, Umtiti (January 2, 2025). "Here's Why BlackRock Shares Slid To Their Lowest Point In Nearly 9 Months". Forbes. Retrieved June 2, 2026.
  85. "BlackRock rolls out Texas ETF as Lone Star State draws capital, companies". Reuters. Archived from the original on July 23, 2025. Retrieved June 2, 2026.
  86. "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved June 2, 2026.
  87. "BlackRock fund limits withdrawals as redemptions rattle private credit". Reuters. Retrieved June 2, 2026.
  88. IV, Antonio Pequeño. "Here's Why BlackRock Shares Slid To Their Lowest Point In Nearly 9 Months". Forbes. Retrieved June 2, 2026.
  89. "India's Jio Financial Services, BlackRock to launch asset management venture". Reuters. July 26, 2023.
  90. "Jio BlackRock gets Sebi nod to launch mutual fund operations in India". Business Standard. Press Trust of India. May 27, 2025.
  91. "Jio BlackRock AMC attracts 1 million investors, 18% are first-time entrants". Business Standard. Press Trust of India. January 20, 2026.
  92. 1 2 Pitcher, Jack (March 11, 2026). "BlackRock Donates $100 Million to Trade-Worker Training in Infrastructure-Investing Push". The Wall Street Journal.
  93. 1 2 Fore, Preston (March 11, 2026). "BlackRock is splashing $100 million on training plumbers, electricians, and HVAC technicians as its CEO flags a skilled trade worker shortage". Fortune.
  94. "BlackRock Launches $100 Million Philanthropic Initiative to Power the Next Generation of American Workers in Skilled Trades" (Press release). BlackRock. March 11, 2026.
  95. "BlackRock: assets under management 2024". Statista. Retrieved November 30, 2024.
  96. SEC Filing
  97. "Investors weigh up Merrill's deal with BlackRock". Financial Times. February 20, 2006. Archived from the original on October 7, 2021. Retrieved July 29, 2020.
  98. "BlackRock Acquires the Helix Financial Group LLC Business". www.businesswire.com. January 19, 2010. Archived from the original on May 1, 2022. Retrieved July 30, 2020.
  99. "BlackRock buys Helix Financial Group". The Economic Times. Archived from the original on January 29, 2021. Retrieved July 30, 2020.
  100. "Blackrock Acquires FutureAdvisor For $150M To Pivot B2B". August 27, 2015. Archived from the original on January 19, 2022. Retrieved July 29, 2020.
  101. "BlackRock to acquire robo-adviser". Reuters. August 26, 2015. Archived from the original on January 21, 2022. Retrieved July 29, 2020.
  102. "BlackRock Closes Transaction to Transfer $80 Billion of Client Assets from BofA® Global Capital Management" (Press release). Business Wire. April 18, 2016. Archived from the original on April 7, 2023. Retrieved April 7, 2023.
  103. "BlackRock Acquires Energy Infrastructure Franchise from First Reserve" (Press release). First Reserve Corporation. February 1, 2017. Archived from the original on April 7, 2023. Retrieved April 7, 2023.
  104. "BlackRock Completes Acquisition of Cachematrix". BlackRock. Archived from the original on April 27, 2022. Retrieved July 29, 2020.
  105. "BlackRock says to buy private credit investor Tennenbaum Capital". Reuters. April 17, 2018. Archived from the original on May 3, 2022. Retrieved July 29, 2020.
  106. "BlackRock to pay $350m for Citibanamex's AM arm". Citywire. Archived from the original on January 28, 2021. Retrieved July 29, 2020.
  107. "BlackRock Completes Acquisition of Asset Management Business of Citibanamex". BlackRock. Archived from the original on April 18, 2022. Retrieved July 29, 2020.
  108. "BlackRock Completes Acquisition of eFront" (Press release). eFront. May 10, 2019. Archived from the original on April 8, 2023. Retrieved April 7, 2023.
  109. "BlackRock to Acquire eFront" (Press release). eFront. March 22, 2019. Archived from the original on April 7, 2023. Retrieved April 7, 2023.
  110. "BlackRock Completes Acquisition of Aperio" (Press release). Business Wire. February 1, 2021. Archived from the original on April 7, 2023. Retrieved April 7, 2023 via Nasdaq.
  111. Kumar, Arunima (November 23, 2020). "BlackRock to buy Aperio for $1.05 billion from Golden Gate Capital, employees". Reuters. Archived from the original on April 7, 2023. Retrieved April 7, 2023.
  112. "BlackRock grows private credit business with Kreos acquisition". Financial Times. June 8, 2023. Archived from the original on June 9, 2023. Retrieved June 9, 2023.
  113. "BlackRock Buys Preqin for $3.2 Billion in Private Data Expansion". Bloomberg News. July 1, 2024.
  114. Platt, Eric (December 3, 2024). "BlackRock agrees to buy investment firm HPS in $12bn deal". Financial Times. Retrieved December 3, 2024.
  115. "BlackRock Completes Acquisition of ElmTree Funds". BlackRock Investor Relations. September 2, 2025.
  116. "BlackRock to Acquire ElmTree Funds". BlackRock Investor Relations. July 7, 2025.
  117. "Kirkland Advises ElmTree Funds on Sale of ElmTree to BlackRock". Kirkland & Ellis. July 6, 2025.
  118. Golinger, Jon; O’Grady, Eileen; Claypool, Rick (June 4, 2026). "Ballroom Billions". Public Citizen. Archived from the original on June 28, 2026. Retrieved August 12, 2026.
  119. Cox, Jeff (March 24, 2021). "Yellen supports banks' share buybacks. Sen. Warren wants BlackRock designated too big to fail". CNBC. Archived from the original on May 1, 2022. Retrieved March 25, 2021.
  120. "The New Money Trust: How Large Money Managers Control Our Economy and What We Can Do About It - American Economic Liberties Project". American Economic Liberties Project. Archived from the original on June 2, 2022.
  121. Fichtner, Jan; Heemskerk, Eelke M.; Garcia-Bernardo, Javier (2017). "Hidden power of the Big Three? Passive index funds, re-concentration of corporate ownership, and new financial risk". Business and Politics. 19 (2): 298–326. doi:10.1017/bap.2017.6. hdl:11245.1/f0c4916f-f41e-43e6-9495-777c7c3f7914.
  122. "Fact Check-Video claiming BlackRock and Vanguard 'own all the biggest corporations in the world' is missing context". Reuters. April 20, 2022. Archived from the original on June 6, 2023.
  123. Masters, Brooke (July 17, 2023). "BlackRock offers a vote to retail investors in its biggest ETF". Financial Times. Archived from the original on July 17, 2023. Retrieved July 17, 2023.
  124. Board, The Editorial (July 24, 2023). "BlackRock's False Voting 'Choice'". The Wall Street Journal. Archived from the original on July 25, 2023. Retrieved July 25, 2023.
  125. "When sky-high executive pay is a case of common ownership". IESE Insight. Retrieved June 2, 2026.
  126. "Why the presence of common shareholders in rival companies looms as a threat". IESE Insight. Retrieved June 6, 2024.
  127. Binnie, Isla (June 26, 2023). "BlackRock's Fink says he's stopped using 'weaponised' term ESG". Reuters. Archived from the original on November 18, 2025. Retrieved June 2, 2026.
  128. "European Ombudsman". Europa. November 23, 2020. Archived from the original on November 30, 2020. Retrieved September 23, 2020.
  129. "The Commission's decision to award a contract to BlackRock to oversee the development of ESG factors in the EU banking sector and corporate investment policies". Europa. April 20, 2020. Archived from the original on May 1, 2022. Retrieved September 23, 2020.
  130. "The sweeping change of net zero emissions". IESE Insight. Retrieved June 6, 2024.
  131. Naef, Alain (January 1, 2024), "Fossil-Washing? The Fossil Fuel Investment of ESG Funds", in Jay Choi, J.; Kim, Jimi (eds.), Responsible Firms: CSR, ESG, and Global Sustainability, International Finance Review, vol. 23, Emerald Publishing Limited, pp. 137–146, doi:10.1108/s1569-376720240000023007, ISBN 978-1-83753-963-5, retrieved January 27, 2025
  132. Sorkin, Andrew Ross (January 14, 2020). "BlackRock C.E.O. Larry Fink: Climate Crisis Will Reshape Finance". The New York Times. ISSN 0362-4331. Archived from the original on May 25, 2022. Retrieved January 16, 2020.
  133. GANDEL, STEPHEN (January 14, 2020). "BlackRock to sell $500 million in coal investments in climate change push". CBS News. Archived from the original on May 6, 2022. Retrieved January 16, 2020.
  134. Brush, Silla; Ward, Russell (January 17, 2022). "BlackRock CEO Says Stakeholder Capitalism Isn't 'Woke'". Bloomberg News. Archived from the original on January 18, 2022. Retrieved January 18, 2022.
  135. Sorkin, Andrew Ross; Karaian, Jason; Kessler, Sarah; Gandel, Stephen; de la Merced, Michael J.; Hirsch, Lauren; Livni, Ephrat (January 18, 2022). "Larry Fink Defends Stakeholder Capitalism". The New York Times. Archived from the original on June 6, 2022. Retrieved January 18, 2022.
  136. Amaro, Silvia (August 24, 2021). "Blackrock's former sustainable investing chief now thinks ESG is a 'dangerous placebo'". CNBC. Archived from the original on June 3, 2022. Retrieved October 26, 2021.
  137. The Editorial Board (October 24, 2021). "Opinion: BlackRock's Wish Is Your Command". The Wall Street Journal. Archived from the original on February 2, 2022. Retrieved October 26, 2021.
  138. "BlackRock stakes claim on 'sustainable investing' revolution". Financial Times. October 22, 2018. Archived from the original on November 3, 2018. Retrieved November 3, 2018. BlackRock intends to become a global leader in "sustainable investing", says Larry Fink, as the world's largest asset manager launched
  139. Chasan, Emily (October 10, 2017). "BlackRock Names Former Obama Aide to Run Sustainable Investing". Bloomberg News. Archived from the original on May 6, 2022. Retrieved November 3, 2018.
  140. Jarsh, Melissa; Chasan, Emily (June 13, 2018). "BlackRock, Wells Fargo Are Betting on Ethical Investing Funds for 401(k)s". Bloomberg News. Archived from the original on February 27, 2020. Retrieved November 3, 2018.
  141. "New Research Reveals the Banks and Investors Financing the Expansion of the Global Coal Plant Fleet". Urgewald. December 5, 2018. Archived from the original on April 23, 2022. Retrieved December 14, 2018.
  142. "New report confirms BlackRock's big fossil fuel problem". Friends of the Earth. December 10, 2018. Archived from the original on April 9, 2022. Retrieved December 14, 2018.
  143. "World's biggest investor accused of dragging feet on climate crisis". May 21, 2019. Archived from the original on February 5, 2022. Retrieved May 21, 2019.
  144. Marcius, Chelsia Rose; Schapiro, Rich (May 23, 2018). "Anti-gun protesters rally outside BlackRock shareholder meeting to condemn its Sturm Ruger investments". New York Daily News. Archived from the original on May 1, 2022. Retrieved November 3, 2019.
  145. Moyer, Liz (April 5, 2018). "BlackRock to offer new funds that exclude stocks of gun makers and retailers including Walmart". CNBC. Archived from the original on February 10, 2021. Retrieved April 3, 2019.
  146. Gibson, Kate (April 5, 2018). "BlackRock unveils line of gun-free investment products". CBS News. Archived from the original on January 29, 2021. Retrieved April 3, 2019.
  147. Siegel, Rachel (April 6, 2018). "BlackRock unveils gun-free investment options". The Washington Post. Archived from the original on April 3, 2019. Retrieved April 3, 2019.
  148. "Nonprofit Warns Governors About BlackRock Retirement Funds' Chinese Investments". fa-mag.com. December 3, 2021. Archived from the original on May 1, 2022. Retrieved December 12, 2021.
  149. Suter, Tara (August 1, 2023). "House China committee launches probe into investment firm BlackRock". The Hill. Archived from the original on August 2, 2023. Retrieved August 2, 2023.
  150. O’Keeffe, Kate; Driebusch, Corrie (August 1, 2023). "BlackRock, MSCI Face Congressional Probes for Facilitating China Investments". The Wall Street Journal. ISSN 0099-9660. Archived from the original on August 1, 2023. Retrieved August 2, 2023.
  151. Quinn, Jimmy (August 3, 2023). "House Committee: BlackRock Has Funneled over $429 Million to Blacklisted Chinese Firms". National Review. Archived from the original on September 5, 2023. Retrieved September 5, 2023.
  152. Biswas, Pritam; Yasmin, Mehnaz (April 18, 2024). "US firms channeled funds to blacklisted Chinese companies, says House panel". Reuters. Retrieved April 18, 2024.
  153. "Top US asset managers face scrutiny from Republican state AGs over China funds". Reuters. February 6, 2025. Retrieved February 6, 2025.
  154. Rapoza, Kenneth (October 27, 2021). "BlackRock's China Relationship Target In Nationwide Ad Campaign". Forbes. Archived from the original on May 5, 2022. Retrieved October 27, 2021.
  155. "New Campaign Against 'Woke Companies' Slams Them for Not Being Woke Enough". Reason.com. May 19, 2021. Archived from the original on July 23, 2021. Retrieved July 22, 2021.
  156. Chandler, Clay; Gordon, Nicholas (September 9, 2021). "BlackRock is 'blundering' in China—all the way to the bank". Fortune. Archived from the original on January 9, 2022. Retrieved October 25, 2021.
  157. Madhok, Diksha (September 8, 2021). "Chinese investors pour $1 billion into BlackRock's new fund". CNN. Archived from the original on February 13, 2022. Retrieved October 25, 2021.
  158. "BlackRock's China unit raises $1 bln in maiden mutual fund". Reuters. September 8, 2021. Archived from the original on January 20, 2022. Retrieved October 25, 2021.
  159. Meredith, Sam (September 8, 2021). "BlackRock responds to George Soros' criticism over China investments". CNBC. Archived from the original on April 11, 2022. Retrieved October 25, 2021.
  160. Soros, George (September 6, 2021). "Opinion: BlackRock's China Blunder". The Wall Street Journal. ISSN 0099-9660. Archived from the original on June 9, 2022. Retrieved March 24, 2022.
  161. Marsi, Federica. "UN report lists companies complicit in Israel's 'genocide': Who are they?". Al Jazeera. Archived from the original on March 23, 2026. Retrieved May 6, 2026.
  162. Albanese, Francesca (July 2, 2025). "From economy of occupation to economy of genocide - Report of the Special Rapporteur on the situation of human rights in the Palestinian territories occupied since 1967". UNDOCS. United Nations. Archived from the original on September 10, 2025. Retrieved May 6, 2026.
  163. Norton, Ben (July 7, 2024). "BlackRock & Wall Street banks are profiting from Israel's crimes in Gaza, UN experts say". Geopolitical Economy Report. Archived from the original on July 8, 2024. Retrieved May 6, 2026.
  164. Mattei, Clara (January 27, 2026). Escape from Capitalism: An Intervention. Simon & Schuster. p. 153. ISBN 978-1668085141.
  165. Tarek Soliman (June 1, 2017). "The new normal: Exxon shareholders vote in favour of climate action". Archived from the original on January 29, 2021. Retrieved November 3, 2018.
  166. Gary McWilliams (May 31, 2017). "Exxon shareholders approve climate impact report in win for activists". Reuters. Archived from the original on May 7, 2021. Retrieved November 3, 2018.
  167. Winston, Andrew (January 19, 2018). "Does Wall Street Finally Care About Sustainability?". Harvard Business Review. Archived from the original on May 1, 2022. Retrieved November 3, 2018.
  168. Chasan, Emily (November 3, 2018). "BlackRock Is Sick of Excuses for Corporate Boards Lacking Women". Bloomberg News. Retrieved November 3, 2018.
  169. Frank, John (June 26, 2023). "Larry Fink "ashamed" to be part of ESG political debate". Axios. Archived from the original on June 26, 2023. Retrieved June 26, 2023.
  170. Meredith, Sam (January 18, 2022). "BlackRock CEO Larry Fink says stakeholder capitalism is not 'woke'". CNBC. Archived from the original on May 11, 2022. Retrieved January 18, 2022.
  171. "New Campaign Is Calling Out BlackRock's Big Climate Problem". Sierra Club. October 5, 2018. Archived from the original on May 1, 2022. Retrieved January 24, 2019.
  172. "BlackRock Targeted as Largest Driver of Climate Destruction in New Campaign". Amazon Watch. September 27, 2018. Archived from the original on April 9, 2022. Retrieved January 24, 2019.
  173. "BlackRock's Big Problem- Making the climate crisis worse". BlackRock's Big Problem. Archived from the original on June 5, 2022. Retrieved January 24, 2019.
  174. Hammond, Holly; McIntyre, Iain (March 9, 2022). ""You can't eat money": An interview with Extinction Rebellion activist Jo Flanagan". The Commons Social Change Library. Archived from the original on October 2, 2023. Retrieved October 23, 2023.
  175. Sebag, Gaspard (February 10, 2020). "BlackRock's Paris Office Barricaded by Climate Activists". Bloomberg News. Archived from the original on November 26, 2020. Retrieved February 10, 2020.
  176. Gandel, Stephen (March 2, 2020). "Investment giant BlackRock faces critics on climate change, Amazon deforestation". CBS News. Archived from the original on December 31, 2020. Retrieved December 30, 2020.
  177. Greenfield, Patrick (October 12, 2019). "World's Top Three Asset Managers Oversee $300bn Fossil Fuel Investments". The Guardian. Archived from the original on December 31, 2020. Retrieved December 30, 2020.
  178. McElhaney, Alicia (January 18, 2022). "West Virginia Treasury Drops BlackRock Over Stance on Climate Risk". Institutional Investor. Retrieved November 26, 2024.
  179. Schroeder, Pete (June 14, 2022). "West Virginia threatens to bar big banks, BlackRock over perceived fossil fuel boycotts". Reuters. Archived from the original on June 17, 2022. Retrieved June 17, 2022.
  180. Muller, Wesley (October 6, 2022). "Treasurer pulls Louisiana investments out of BlackRock". Louisiana Illuminator. Retrieved November 26, 2024.
  181. Nishant, Niket; Bedi, Mehr (October 5, 2022). "Louisiana to remove $794 mln from BlackRock funds over ESG drive". Reuters. Archived from the original on March 30, 2023. Retrieved April 7, 2023.
  182. Downey, Renzo (December 1, 2022). "Florida divests $2B from BlackRock as movement against woke investing matures". Florida Politics. Retrieved November 26, 2024.
  183. Folmar, Chloe (December 2, 2022). "Florida pulls $2B worth of investments from BlackRock over ESG investment after DeSantis resolution". The Hill. Archived from the original on December 4, 2022. Retrieved December 4, 2022.
  184. "Florida to pull $2bn from BlackRock in spreading ESG backlash". Financial Times. December 1, 2022. Archived from the original on December 4, 2022. Retrieved December 4, 2022.
  185. Kerber, Ross (December 1, 2022). "Florida pulls $2 bln from BlackRock in largest anti-ESG divestment". Reuters. Archived from the original on December 4, 2022. Retrieved December 4, 2022.
  186. Marsi, Federica. "UN report lists companies complicit in Israel's 'genocide': Who are they?". Al Jazeera. Archived from the original on March 23, 2026. Retrieved May 6, 2026.
  187. Albanese, Francesca (July 2, 2025). "From economy of occupation to economy of genocide - Report of the Special Rapporteur on the situation of human rights in the Palestinian territories occupied since 1967". UNDOCS. United Nations. Archived from the original on September 10, 2025. Retrieved May 6, 2026.
  188. Norton, Ben (July 7, 2024). "BlackRock & Wall Street banks are profiting from Israel's crimes in Gaza, UN experts say". Geopolitical Economy Report. Archived from the original on July 8, 2024. Retrieved May 6, 2026.
  189. Mattei, Clara (2026). Escape from Capitalism: An Intervention. Simon & Schuster. p. 153. ISBN 978-1668085141.
  190. "Board of Directors". ir.blackrock.com. Retrieved March 29, 2026.
  191. De La Merced, Michael J. (April 6, 2014). "BlackRock Elevates Executives in Succession Planning Move". The New York Times. Archived from the original on October 28, 2021. Retrieved October 26, 2021.
  192. Lin, Ed. "BlackRock Co-Founder Susan Wagner Sells Stock". www.barrons.com. Archived from the original on October 26, 2021. Retrieved October 26, 2021.
  193. Schwartz, Brian (March 20, 2021). "Biden's closest advisors have ties to big business and Wall Street with some making millions". CNBC. Archived from the original on May 30, 2022. Retrieved March 27, 2021.
  194. Blackrocks Blake Grossman will leave Firm one year after BGI Acquisition Archived 8 January 2015 at the Wayback Machine January 2011, bloomberg.com. Retrieved February 2011

Further reading

[edit]
[edit]
  • Official website Edit this at Wikidata
  • Business data for BlackRock, Inc.: