BlackRock seeks to push FDIC Bank oversight deadline to Mar.

BlackRock seeks to push FDIC bank oversight deadline to March
BlackRock has asked the U.S. Federal Deposit Insurance Corporation to extend its deadline to reach an agreement on how the agency would oversee the giant asset manager's investments in FDIC-regulated banking organizations from Friday until March 31,
BlackRock Stares Down FDIC Before Deadline Over Bank Stakes
BlackRock Inc. is resisting the Federal Deposit Insurance Corp.’s demands that the world’s largest asset manager submit to new oversight of its stakes in US banks, seeking to delay negotiations into the Trump administration.
BlackRock wants FDIC to push back passivity agreement deadline to March
The asset manager’s head of U.S. regulatory affairs warned against “hastening the finalization of a completely new regulatory framework in a two-week period” in a letter to the regulator.
FDIC sets January deadline for BlackRock on bank stake scrutiny
This move is part of the FDIC's efforts to strengthen oversight of large investors in small and midsized banks.
BlackRock Receives Deadline From FDIC for Passivity Agreement
BLK receives a deadline from the FDIC to accept the passivity agreement by Jan. 10, enabling the regulator to raise scrutiny over investments in FDIC-regulated banks.
BlackRock Seeks FDIC Oversight Deadline Extension to March
BlackRock, the worlds largest asset manager, is requesting an extension on the Federal Deposit Insurance Corporation (FDIC) oversight deadline to March. The move comes as the company navigates regulatory complexities
A standoff between BlackRock and the FDIC is dragging into 2025
A clash between BlackRock and the FDIC over the money manager’s holdings of US banks will play out in the waning days of ...
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FDIC eyes pact with BlackRock on passive investing
The regulator reportedly gave the asset manager a Jan. 10 deadline to agree to stricter oversight when holding a 10% or ...
Wall Street’s great expectations for Trump
Rumors of the labor market’s imminent decline have been greatly exaggerated for some time. Barring an act of God over the next 10 days, Donald Trump will inherit a healthy domestic economy from Joe ...
A standoff between BlackRock and FDIC is dragging into 2025
A clash between BlackRock (BLK) and the FDIC over the money manager’s holdings of US banks will now play out in the waning days of President Joe Biden’s administration. The FDIC has asked BlackRock to ...