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 administration takes over later this month.

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 Bloomberg.

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 Federal Deposit Insurance Corporation (FDIC) has set a 10 January deadline for BlackRock to agree to enhanced scrutiny of its investments in FDIC-regulated banks. This move is part of the FDIC ...

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 ...

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 ...

BlackRock (NYSE:BLK) has been given a new deadline to meet a demand by the Federal Deposit Insurance Corp. (FDIC) to resolve an issue over the oversight of the asset manager’s stakes in banks ...

BlackRock, Inc. BLK has been informed by the Federal Deposit Insurance Corporation (“FDIC”) that it has until Jan. 10, 2025, to accept the “passivity agreement”. This was reported by a ...

The FDIC had set a Jan. 10 deadline for BlackRock to sign an agreement. But in a letter to the agency, the company asked for an extension until at least March 31, saying it had only two weeks to ...