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A standoff between BlackRock and FDIC is dragging into 2025The 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 people ...
Late last year Vanguard Group entered into an agreement with the Federal Deposit Insurance Corporation as the regulator ...
Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump ...
The Federal Deposit Insurance Corp. has given asset manager BlackRock a one month extension to enter into an agreement regarding the controlling power of its stakes in FDIC-regulated banks. The ...
In late December, Vanguard Investments hammered out terms of such a passivity agreement with the FDIC, which immediately afterward asked BlackRock to sign a very similar agreement by the Friday ...
The world’s biggest money manager is trying to avoid some political headaches as Donald Trump and the GOP take over all of ...
With Vanguard more in check, the FDIC is pressuring fellow asset manager BlackRock to sign a similar agreement by Jan. 10. Less than an hour after the Vanguard deal was made public, BlackRock ...
A clash between BlackRock (BLK) and the Federal Deposit Insurance Corporation (FDIC) over the money manager’s holdings of US banks will now play out in the waning days of President Joe Biden’s ...
He said in the letter that BlackRock's understanding is that the agreement between the FDIC and Vanguard was reached only after several months of negotiation. An individual familiar with the matter ...
A clash between BlackRock (BLK) and the Federal Deposit Insurance Corporation (FDIC) over the money manager’s holdings of US banks will now play out in the waning days of President Joe Biden’s ...
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