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2024-07-01 | Industry Dynamics

BlackRock Set to Acquire Preqin for USD 3.22 Billion

BlackRock, the world’s leading asset management firm, has announced its intention to acquire U.K.-based data provider Preqin for 2.55 billion British pounds, approximately USD 3.22 billion.  

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2024-06-05 | Industry Dynamics

New Texas Stock Exchange Challenges Wall Street’s Dominance

Backed by major Wall Street players like BlackRock and Citadel Securities, the Texas Stock Exchange (TXSE) is setting the stage to challenge the traditional strongholds of the New York Stock Exchange and Nasdaq.

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2023-12-19 | Industry Dynamics

Tennessee’s Lawsuit Targets BlackRock Over Alleged ESG Allegations 

Today’s News  Tennessee has initiated legal action against BlackRock, a USD 9.1 trillion asset manager headquartered in New York, accusing the firm of breaching consumer protection laws through the improper use of environmental, social, and governance (ESG) factors in its investment tactics.   According to the state’s attorney-general, Jonathan Skrmetti, the lawsuit alleges inconsistency in […]