BlackRock and JPMorgan have committed “a stark betrayal of the responsibility that they have in addressing the climate crisis” by pulling out of the Net-Zero Banking Alliance and Net Zero ...

Major banks and fund managers from JPMorgan Chase to BlackRock are creating more ETF products that tap into areas of the market typically associated with private banking and reserved for high-net ...

Along with the FTC, the Department of Justice has filed a statement of interest in the lawsuit, accusing the asset management ...

Meanwhile, BlackRock has become the first Wall Street giant to use JPMorgan's blockchain-based collateral settlement system, part of a plan that BlackRock's chief executive has said will usher in ...

BlackRock, the world’s largest asset manager, has tokenized its money market fund shared, which were later provided as collateral to Barclays in an over-the-counter derivatives deal, JPMorgan ...

The departure announcements of possible CEO successors at both BlackRock and JPMorgan Chase are the latest reminders that CEO transitions are anything but simple, experts say, especially when it c ...

Meanwhile, the firm partnered with JPMorgan to tokenize shares of one of BlackRock’s money market funds. Using its own and JPMorgan’s blockchains, BlackRock transferred the shares to Barclays ...

JPMorgan Securities has been listed as an “authorized participant” for BlackRock’s proposed spot bitcoin exchange-traded fund (ETF), giving the financial services firm a pivotal role in a ...

Cutting ties with the largest U.S. banks and asset managers is easier said than done. In Oklahoma, where a new law requires the state to stop doing business with financial companies that ...

Among those included in the annual paper from the shareholder advocacy group: AIG, Marsh McLennan, Bank of America, JPMorgan Chase, PNC Financial Services, Ameriprise, Globe Life, Travelers and ...