BlackRock, FDIC Gear Up for Clash Over Bank Stake Rules

January 1, 2025

Catenaa, Wednesday, January 1, 2025 – The Federal Deposit Insurance Corporation (FDIC) and BlackRock Inc. are on a collision course over new regulatory compliance measures for large stakeholders in US banks. The FDIC has set a January 10 deadline for BlackRock, the world’s largest asset manager, to accept new oversight terms whenever it owns more […]