Business and Finance Business and Finance
Mon, January 13, 2025
[ 02:00 AM ] - MSN
Leo, Weekly Horoscope, January 12 to January 18, 2025: Challenges may appear midweek
[ 01:41 AM ] - MSN
Sagittarius Daily Horoscope Today (Nov 22- Dec 21), January 13, 2025: Team spirit will improve!
[ 01:00 AM ] - MSN
China, UK restart economic and financial talks after 6-year hiatus
[ 01:00 AM ] - Reuters
Australia's Star Entertainment pares losses after slipping to record low
[ 12:00 AM ] - timesnownews
Bank Holiday Today? Here's Whether Banks Are Open .. n Monday, January 13, Amid Lohri 2025 Festivities
Sun, January 12, 2025
[ 11:20 PM ] - Reuters
US bank regulator gives BlackRock February deadline on bank stakes, Bloomberg reports
[ 10:40 PM ] - MSN
Major employers slamming the brakes on job creation
[ 08:40 PM ] - MSN
Japan PM asks Biden to allay business community c .. status of Nippon steel-U.S. Steel deal, Jiji says
[ 08:20 PM ] - MSN
Face the Facts: Prioritizing affordability this legislative session
[ 07:40 PM ] - Reuters
Global air finance summit to take stock of jet shortages, trade risks
[ 07:20 PM ] - MSN
How Kate Middleton's Parents Really Lost So Much Money
[ 07:00 PM ] - MSN
What a year! Business scene had big losses, new names in 2024; shedding light on 2025
[ 06:20 PM ] - Couriermail
'Ignored': 27yo reveals sad reality of shopping in Australia
[ 04:40 PM ] - MSN
Boeing Stock Would Benefit from a Breakup, Specialist Says
[ 02:20 PM ] - MSN
JPMorgan Chase, UnitedHealth, TSMC, Goldman Sachs, and More Stocks to Watch This Week
[ 02:20 PM ] - AOL
Top plays among the 'Magnificent 7' and Big Tech stocks as Trump returns to the White House
[ 02:00 PM ] - MSN
Indiana Black Expo Has Big Plans for 2025
[ 11:20 AM ] - MSN
Pisces, Weekly Horoscope, January 12 to January 18, 2025: Week brimming with creativity
[ 09:20 AM ] - dailyinvestor
Inflation, interest rates, and NHI - Dawie Roodt's outlook for 2025
[ 07:01 AM ] - MSN
Skechers Went After the Customers Nike Didn't. It Paid Off.
[ 07:00 AM ] - businessday
Benefits of Rite Foods graduate trainee programme
[ 05:20 AM ] - MSN
Weekly Money Horoscope January 12 to January 18, .. in decision-making are key for most zodiac signs
[ 02:40 AM ] - MSN
January 12, 2025, Birthday Forecast: Year of stea .. professional progress and financial opportunities
[ 12:20 AM ] - MSN
Q3 results this week: RIL, Infosys, HCL Tech, Jio .. dra Bank among 101 companies to announce earnings
Sat, January 11, 2025
[ 09:40 PM ] - MSN
Is MicroStrategy Incorporated (MSTR) Among the Best Growth Stocks to Buy and Hold in 2025?
[ 09:00 PM ] - AOL
This Artificial Intelligence (AI) Fintech Could Be One of The Largest IPOs in 2025
[ 06:20 PM ] - Couriermail
'There is a risk': Fears tanking Aussie dollar will 'raise costs'
[ 05:40 PM ] - MSN
Is Intercontinental Exchange (ICE) the Best Financial Stock to Buy According to Hedge Funds?
[ 05:40 PM ] - MSN
3 Top Warren Buffett Stocks to Buy in 2025
[ 04:00 PM ] - businessday
Meet three UNILAG's chosen personalities for 55th convocation honorary degree award

US bank regulator gives BlackRock February deadline on bank stakes, Bloomberg reports


Published on 2025-01-12 23:20:46 - Reuters
  Print publication without navigation

  • 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 banking organizations,

The U.S. Federal Reserve has extended the deadline for BlackRock to reduce its stakes in certain banks, as reported by Bloomberg News on January 12, 2025. Originally, BlackRock was required to lower its ownership in banks like Bank of Commerce, Bank of the Pacific, and Commerce Bancshares by January 31, 2025, due to regulatory concerns over its influence in the banking sector. The new deadline set by the Fed is now June 30, 2025. This extension comes amidst ongoing discussions about how investment firms like BlackRock manage their investments in banks to comply with regulatory limits on control and influence.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/bank-regulator-gives-blackrock-new-deadline-bank-stakes-bloomberg-reports-2025-01-12/ ]
Contributing Sources