The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.

The violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target ...

Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump ...

Late last year Vanguard Group entered into an agreement with the Federal Deposit Insurance Corporation as the regulator ...

Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly ...

The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee ...

The Malvern investment giant was accused of alleged misleading statements to retail investors in targeted retirement funds.

Tennessee has dropped its landmark lawsuit against BlackRock after the $11.6tn money manager promised to increase disclosure and compliance around its use of environmental, social and governance ...

Asset manager BlackRock's senior executive Mark Wiedman, who was touted to be a potential successor to CEO Larry Fink, is ...

The FDIC director says a new "passivity agreement" with Vanguard is a victory over "the concentration of power in a few ...

The asset manager’s head of U.S. regulatory affairs warned against “hastening the finalization of a completely new regulatory ...

BlackRock posted a 21% fourth quarter jump in profit after buoyant equity markets increased income from fees and drove its ...