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Larry Fink, chief executive officer of BlackRock Inc., during the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 20, 2026. The annual Davos gathering of political leaders, top executives and celebrities runs from Jan. 19-23. Photographer: Krisztian Bocsi/Bloomberg BlackRock CEO Larry Fink does not agree that there is a bubble triggered by artificial…
BlackRock CEO Larry Fink has now issued a stark warning about the impact of artificial intelligence on the workforce. According to a report by Fortune, speaking at the BlackRock 2026 Infrastructure Summit, Fink said that he fears this year’s collage graduates could face the highest unemployment rate in years even without recession. He pointed to…
BlackRock has restricted investor withdrawals from its $26 billion HPS Corporate Lending Fund (HLEND) after redemption requests surged beyond the usual threshold, underscoring mounting pressure in the $2 trillion global private credit market, Reuters reported.The move came after investors sought to withdraw $1.2 billion in the first quarter, equivalent to roughly 9.3% of the fund’s…
Housed Under Grasim, Clean Energy Biz Valued At ₹14.6K Cr MUMBAI: BlackRock, one of the world’s largest asset managers, is set to invest Rs 3,000 crore in Aditya Birla Group’s renewable energy business for a minority stake. The business, housed under Grasim, has been valued at Rs 14,600 crore, highlighting the growing investor interest in…
Bankim Brahmbhatt (Industry Chronicle) American investment giant BlackRock has reportedly fallen victim to a multi-million-dollar fraud allegedly involving Bankim Brahmbhatt, the Indian-origin CEO of US-based telecom companies Broadband Telecom and Bridgevoice, The Wall Street Journal reported.Lenders, including HPS Investment Partners – the private credit arm of BlackRock – have accused Brahmbhatt’s firms of fabricating accounts…
BlackRock’s private-credit investing arm and other lenders accuse Indian-origin Bankim Brahmbhatt of multi-million dollar fraud. American investment company BlackRock reported to have fallen prey to a multi-million-dollar ‘breathtaking’ fraud allegedly orchestrated by Bankim Brahmbhatt, the Indian-origin CEO of a US-based telecom company, Broadband Telecom and Bridgevoice. The Wall Street Journal reported that lenders have accused…
