Banking regulators are investigating whether asset management giants BlackRock, Vanguard, and State Street are maintaining passive roles in their investments in U.S. banks. An FDIC board member and Ajit Pai express concerns over the influence these firms hold over the nation's banks and corporate America.
Banking regulators are scrutinizing whether index-fund giants BlackRock, Vanguard and State Street are sticking to passive roles in U.S. banks https://t.co/IwMz7yKxRy via @WSJ @amacker | FDIC is right to ask the question. $BK and Vanguard need to be broken up...
Banking regulators are probing if asset management giants BlackRock, Vanguard and State Street are sticking to their passive roles when it comes to investments in U.S. banks, per WSJ
"Banking regulators are scrutinizing whether index-fund giants @BlackRock, Vanguard and @StateStreet are sticking to passive roles when it comes to their investments in U.S. banks," concerned about their "power and influence . . . over corporate America." https://t.co/vp40xm3jir
Banking regulators are scrutinizing whether index-fund giants BlackRock, Vanguard and State Street are sticking to passive roles when it comes to their investments in U.S. banks https://t.co/zWTwJ2TIys via @WSJ
An FDIC board member is worried about the influence BlackRock and Vanguard have on the nation’s banks. @amacker https://t.co/oHkhsV0LUS