Blackrock Stock News

(Reuters) A fast pace of monetary policy readjustment to curb rampant inflation could lead to a flattening of the U.S. Treasuries yield curve, said Larry Fink, chief of the worlds biggest asset manager, BlackRock Inc.

Following are excerpts from a CNBC exclusive interview with BlackRock, Inc. (NYSE:BLK) CEO Larry Fink on CNBCs Squawk Box (M-F, 6AM-9AM ET) today, Tuesday, January 18th. Following are links to video on CNBC.com: Q4 2021 hedge fund letters, conferences and more BlackRock CEO Larry Fink: We Need To Work With Hydrocarbon Companies, Not Against Them []

BlackRock''s Fink Insists "Stakeholder Capitalism" Isn''t "Woke" - It''s Just Good Business In recent years, BlackRock CEO Larry Fink''s annual letter to investors has become almost as closely scrutinized as annual letters from JP Morgan chief Jamie Dimon and Berkshire Hathaway chief Warren Buffett. But while those other shareholder letters aren''t expected until later in the year, Fink has decided to publish his letter just days after BlackRock confirmed in its Q4 earnings that its AUM had surpassed the $10 trillion mark , cementing the firm''s status as the world''s largest asset manager by AUM - a status that''s largely thanks to the firm''s blockbuster ETF business. Just like last year, Fink focused again on shareholder activism, but this time he insisted that the concept of "stakeholder capitalism" isn''t "woke", but rather a necessity for companies that want to stick around. Only through "effective" stakeholder capitalism that companies can deliver "long term value forshareholders" - at least, according to Larry Fink.

Larry Fink pushed back against criticism of the asset management firms embrace of stakeholder capitalism, arguing the practice is not woke but a necessity for long-term success.

BlackRock CEO Larry Fink said Tuesday that he wasn''t worried about the Federal Reserve getting aggressive in fighting inflation because higher interest rates could help a lot of savers.

Companies thinking beyond profits isnt woke, the BlackRock founder argued in his latest letter to Wall Street chiefs.

BlackRock CEO Larry Fink says oil and gas companies are going to be an important part of the bridge to a decarbonized future. Climate leaders reject this idea.

In his carefully watched annual letter, BlackRock CEO Larry Fink said the potential for start-ups and investors in climate technology is unprecedented.

Yahoo Finance's Editor-in-Chief Andy Serwer discusses BlackRock CEO Larry Fink's annual open letter defending stakeholder capitalism and the carbon transition.

BlackRock (BLK) CEO Larry Fink released his 2022 annual letter for CEOs with advice for CEOs and we're listing the highlights. The post 13 Top Takeaways From BlackRock CEO Larry Fink's Annual Letter a

BlackRock CEO Larry Fink sits down with CNBC's Andrew Ross Sorkin to discuss his annual letter to corporate America, ESG investing, hydrocarbons and more.

He warned that companies that fail to slash their carbon footprint risk being left behind as billions of dollars are poured into the fight against climate change.

The worlds largest asset manager, the $US10 trillion BlackRock, has ruled out selling shares in carbon intensive companies such as those in oil and gas, arguing that they have the potential to be phoenixes by transitioning to a net zero world.

With $10 trillion in funds under management — though mostly in index funds — BlackRock's views get a more attention in the board room than other investors.

The state of West Virginia will no longer use a BlackRock Inc. investment fund due to the firm's push for climate-focused strategies that state Treasurer Riley Moore says threaten the state's economy.