A standoff between BlackRock and the FDIC is dragging into 2025
Dec 31, 2024 · The FDIC has asked BlackRock to sign by Jan. 10 a "passivity agreement" that would codify greater checks on the money manager’s holdings of FDIC-supervised lenders, according to people familiar...
BlackRock blows off deadline from regulator for third time in …
1 day ago · The giant New York City asset manager is pushing back because it can, lawyer says, but the bank regulator says it will force the issue if BlackRock continues refusing to play ball. News, Vision & Voice for the Advisory Community
BlackRock, FDIC oversight talks hit new deadline to 10 February
Jan 13, 2025 · BlackRock has been reportedly given until 10 February to address concerns from the Federal Deposit Insurance Corporation (FDIC) regarding its investments in FDIC-regulated banks, reported...
BlackRock Gets FDIC Extension as Asset Managers Wait for a New ...
Jan 16, 2025 · The deadline to provide the information was January 10. On January 9, however, BlackRock requested an extension to March 31. On Monday, the FDIC moved the deadline to February 10.
A standoff between BlackRock and FDIC is dragging into 2025
The FDIC has asked BlackRock to sign by Jan. 10 a so-called "passivity agreement" that would codify greater checks on the money manager’s holdings of FDIC-supervised lenders, according to...
BlackRock seeks to push FDIC bank oversight deadline to March
Jan 9, 2025 · 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...
US bank regulator gives BlackRock February deadline on bank …
Jan 12, 2025 · (Reuters) -The Federal Deposit Insurance Corporation gave a fresh deadline of Feb. 10 to BlackRock to resolve an issue regarding oversight into the asset manager's investments in FDIC-regulated ...
BlackRock and FDIC on course for early 2025 clash over bank stakes
Dec 30, 2024 · BlackRock proposed its own version of passivity agreements to the FDIC in early December that did not include the compliance measures to which Vanguard has now agreed.
FDIC Announces Retention of Financial Advisor to Assist with the ...
Apr 5, 2023 · The FDIC has retained BlackRock Financial Market Advisory to conduct portfolio sales, which will be gradual and orderly, and will aim to minimize the potential for any adverse impact on market functioning by taking into account daily liquidity and trading conditions.
BlackRock Receives Deadline From FDIC for Passivity Agreement
Dec 31, 2024 · 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.
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