US Bank Regulator Sets February Deadline for BlackRock’s Bank Stake Review, Bloomberg Reports
The Federal Deposit Insurance Corporation (FDIC) has set a new deadline of February 10 for BlackRock to address concerns about oversight of its investments in banks regulated by the FDIC. This follows BlackRock’s failure to meet a previous deadline on January 10. If progress isn’t made, the FDIC may investigate further and request more information ...