There is too much pessimism around Europe and it could be time to be investing back in the region, BlackRock CEO Larry Fink said at the World Economic Forum annual meeting on Friday. Euro zone business began the new year with a modest return to growth as stable services activity in January was complemented by an easing of the long-running downturn in manufacturing,

There is too much pessimism around Europe and it could be time to investing back in the region, BlackRock CEO Larry Fink said at the World Economic Forum in Davos on Friday.

The world's largest asset manager moves its European factor investing range from tracking MSCI indexes to STOXX indexes.

BlackRock chief executive Larry Fink as revealed he's had discussions with sovereign wealth funds about buying bitcoin..

BlackRock and Saba Capital Management announced a standstill in a long-raging battle over the future of closed-end funds with the asset manager buying back shares in two portfolios and the hedge fund dropping demands for deep management changes.

BlackRock CEP Larry Fink advocates for tokenization of bonds and stocks, citing efficiency, transparency, accountability and cost savings.

Texas Attorney General Ken Paxton wrote on Jan. 23 to the firms saying they appear “to unlawfully advance discriminatory” diversity, equity and inclusion efforts, and demanded they respond to a series of questions about their programs. He said the firms may have breached their fiduciary duties by pursuing an “ulterior political motive or agenda.”

BlackRock, the world’s largest asset management firm, reportedly purchased $600 million worth of Bitcoin on January 22. This marks its largest acquisition of the crypto this year. The recent BTC acquisition was spotted by blockchain analytics platform Arkham Intelligence.

BlackRock Inc. Chief Executive Officer Larry Fink said investors are too quick to conclude that high inflation is over, raising the prospect that bond yields will rise along with steeper prices.

BlackRock Inc. stuck agreements with Boaz Weinstein’s Saba Capital Management that will end the activist-hedge fund’s battle with BlackRock over dozens of closed-end funds whose share prices had tumbled deeply below the value of their underlying assets.

U.S. Treasury yields wavered on Friday as investors reacted to President Donald Trump's latest comments and looked ahead. The 10-year Treasury yield fell about 1 basis point, sitting at 4.63%. The 2-year Treasury yield slipped just over 1 basis point to 4.