BlackRock Inc reported an 18% drop in fourth-quarter profit on Friday, hit by a global market rout that squeezed fee income, but registered $146 billion of long-term net inflows in the quarter as
BlackRock, the world's largest asset manager and possibly the most high-profile advocate of ESG investing, plans to cut roughly 500 employees, per Bloomberg.
BlackRock to make leadership changes across units streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.