BlackRock (NYSE:BLK) stock closed with a 5.2% gain after the company reported a strong fourth quarter for 2024, surpassing expectations largely due to performance fees, managed expenses, and a favorable tax rate.

BlackRock, Inc. (NYSE:BLK), the $157.1 billion asset management giant, disclosed in a recent SEC filing that Mark Wiedman, head of the Global Client Business, has resigned from his role, effective today.

As investors await earnings from the big banks, they've just gotten the latest results from BlackRock. The company said $284 billion flowed into its total assets under management (AUM), which amounted to $11.

BlackRock’s profits rose and assets under management edged up to a record $11.55 trillion in the fourth quarter. BlackRock posted net income of $1.67 billion, up 21% from the same period a year earlier.

Wells Fargo (WFC) and [**Bank of New York Mellon (B

Citi wealth head Andy Sieg told employees that net new investment assets — which surged last year — are the division's "North Star."

Larry Fink had evangelized on the need to use the company’s investing might to force corporations to reduce their carbon footprint.

Big banks kick off Q4 results with Goldman Sachs, JPMorgan Chase, Wells Fargo, BlackRock, Citi reporting. Some names are basing.

Major US banks officially open earnings season with record numbers that beat analysts' expectations. Stocks rise sharply

Citigroup is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on Thursday, as a part of the sweeping reorganization under Chief Executive Officer Jane Fraser to cut costs.

AdvisorNet Financial Inc trimmed its holdings in BlackRock, Inc. (NYSE:BLK – Free Report) by 6.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 625 shares of the asset manager’s stock after selling 42 shares during the quarter.