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Top related persons:
Larry Fink - 1 Fink - 1 " Fink - 1 He's - 1 Deutsche Bank CEO Christian Sewing - 1 OpenAI's ChatGPT - 1 ChatGPT - 1 Catalyst - 1
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BlackRock New York Palo Alto , California Edinburgh Scotland South China Caribbean
Top related orgs:
BlackRock - 1 Deutsche Bank - 1 Deutsche Bank CEO Christian - 1 of America - 1 AS - 1 SEA - 1 “ Pirates - 1

Search resuls for: "Larry F"


25 mentions found


☆ BlackRock is spending 'a huge amount of time' on AI, CEO Larry Fink says
  + stars: | 2023-05-31 | by ( Rebecca Ungarino | ) www.businessinsider.com   time to read: +3 min
BlackRock CEO Larry Fink said the firm is spending a lot of time analyzing artificial intelligence. The firm's experts believe AI will increase productivity by 30%, Fink said on Wednesday. A BlackRock team called AI Labs that works on natural language processing and other areas. If AI can meaningfully increase productivity, Fink said, then "you don't have to own just these AI companies. Bank of America research analysts have called AI a "baby bubble" for the investment mania around the tech.
Persons: Larry Fink, Fink, " Fink, He's, Deutsche Bank CEO Christian Sewing, OpenAI's ChatGPT, ChatGPT, Catalyst, Andreessen Horowitz Organizations: BlackRock, Deutsche Bank, Deutsche Bank CEO Christian, of America Locations: BlackRock, New York, Palo Alto , California, Edinburgh, Scotland
☆ The Life and Times of China’s Pirate Queen
  + stars: | 2023-05-30 | by ( E. Lily Yu | ) www.nytimes.com   time to read: +2 min
The book opens with Shek Yeung’s husband, Cheng Yat, receiving a mortal injury. To carry out that wish, Shek Yeung negotiates a marriage to his heir, Cheung Po, with the promise of a son. Despite the fearsomeness of the historical figure, Chang-Eppig’s Shek Yeung is pensive and passive. When Shek Yeung disembowels a man, we do not see, hear, feel or smell anything. Only in the last 100 pages, when the Qing emperor’s pirate hunter, Pak Ling, becomes a credible threat, does Shek Yeung blossom into her namesake and act with vitality and resolve.
Persons: Rita Chang, Ching Shih, Cheng, Sao, Yeung, Ching, Kuang’s, Bardot, ”, Larry Feign’s, ” Rita Chang, Shek, Cheng Yat, Shek Yeung, Cheung Po, Chang, Pak Ling Organizations: AS, SEA, “ Pirates Locations: South China, Caribbean
☆ We identified the 150 most important people at BlackRock. Explore our exclusive org chart.
  + stars: | 2023-05-29 | by ( Rebecca Ungarino | ) www.businessinsider.com   time to read: +2 min
Insider built an org chart showing the most senior executives at BlackRock. Our org chart shows where executives said to be in the running to succeed Fink sit. To provide a window into the current power structure, Insider has mapped out the roughly 150 most senior BlackRock executives. Our org chart reflects recent changes to the company's structure. Here is our exclusive org chart of the most powerful people at $9 trillion BlackRock.
☆ Wall Street: All aboard the Goldman jet
  + stars: | 2023-05-29 | by ( Lisa Ryan | ) www.businessinsider.com   time to read: +3 min
Today's a doubleheader of a holiday — Memorial Day in the US and the spring bank holiday in the UK. Because who doesn't want to dive into the inner workings of Wall Street on a holiday? Prestigious Wall Street banks are ditching marijuana testing for job seekers. ChatGPT could upend jobs across Wall Street. The Rainmakers: Top investment banks still pushed blockbuster deals over the line in what was a tough year for M&A.
☆ Elon Musk's super-app ambitions took an interesting turn with his first acquisition at Twitter
  + stars: | 2023-05-17 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
The move speaks to a broader strategy Musk has hinted at of creating a US super app. While extremely popular in Asia, super apps haven't caught on in the US. There are multiple forces working against the success of a super app in the US, let alone one run by someone as polarizing as Musk. When I think of super apps, my mind goes toward pursuing users' wallets. And here's why industry experts remain unconvinced about Elon Musk's plans to turn Twitter into a super app.
☆ BlackRock is mandating 4 days in the office, starting in September. Read the memo on the firm's plans.
  + stars: | 2023-05-16 | by ( Rebecca Ungarino | ) www.businessinsider.com   time to read: +4 min
BlackRock is calling employees back to the office four days per week, starting in September. BlackRock told employees last fall that they had to work in the office at least three days per week. In a Fox Business interview last September, Fink linked a return to in-office work to a more productive workforce and lower inflation. "We are going to ask our employees to be much more mindful about their responsibilities in the office. This new approach begins on the 11th of September, and we encourage you to transition into this model by increasing your in-office days, as your schedule permits, over the next few months.
☆ What life after Larry looks like at BlackRock
  + stars: | 2023-05-15 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
BlackRock CEO Larry Fink Spencer Platt/Getty Images1. Who's next at BlackRock? On Wall Street, you'd be tough to find a founder and their company more synonymous with each other than Larry Fink and BlackRock. And while it's clear he doesn't want to remain at BlackRock forever, what's not clear is who would step in to fill the void. If that isn't enough for you, Rebecca also mapped out how BlackRock organizes its top leadership, identifying the 150 most powerful people and their reporting lines. Click here to learn more about BlackRock's succession plans for Larry Fink.
☆ Inside the ‘Great Race’ at BlackRock: Who Will Replace Larry Fink?
  + stars: | 2023-05-14 | by ( Angel Au-Yeung | ) www.wsj.com   time to read: 1 min
Larry Fink co-founded BlackRock in 1988 and has spent 35 years nursing it into the world’s largest asset manager. Now, half a lifetime later, he has one big task left: deciding who will take it over.
☆ An obituary for the Metaverse, the latest fad to join the tech graveyard
  + stars: | 2023-05-14 | by ( Matt Turner | ) www.businessinsider.com   time to read: +3 min
On the agenda today:An obituary for the metaverse, the latest fad to join the tech graveyard. BlackRock is wrestling with who could succeed Larry Fink. Also read:Who will succeed Larry Fink? BlackRock CEO Larry Fink Thos Robinson/Getty Images for The New York TimeWall Street has long been fascinated by succession stories. CEO Larry Fink, now 70-years old, has the rare distinction of leading a Wall Street behemoth he helped found.
☆ Chipotle, Papa John's link ESG goals to bonus compensation, and pay practice is moving below the C-suite level
  + stars: | 2023-05-14 | by ( Ian Thomas | ) www.cnbc.com   time to read: +9 min
Companies are increasingly linking ESG metrics to executive compensation packages. That percentage of Russell 1000 companies linking ESG goals to compensation has quickly grown in recent years, from 14% in 2020 to 18% in 2021 to 28% in 2022. In 2021, Mastercard changed its executive compensation model for its most senior executives, EVPs and above, to link their bonus structure to goals set around carbon neutrality, financial inclusion and gender pay parity. Papa John's took a similar step last year, introducing an ESG bonus incentive for eligible employees and executives for goals around enhancing diversity, equity and inclusion, environmental impact, and its broader mission around cleaner and better ingredients. "For example, if there is an ESG goal around emissions, does a director of finance have any direct oversight or responsibility for how that is achieved?"
☆ BlackRock CEO Fink trains successors, with no imminent plan to retire -WSJ
  + stars: | 2023-05-13 | by ( ) www.reuters.com   time to read: +1 min
May 13 (Reuters) - BlackRock Inc (BLK.N) Chief Executive Officer Larry Fink has been preparing five key leaders to take his role whenever he decides to step down in the future, the Wall Street Journal reported on Saturday. Though Fink has no imminent plans to retire, he along with President Robert Kapito has been training these candidates for "The Great Race" - to choose the successor - in what Fink calls is the "No. Fink told the newspaper he hoped to build camaraderie among the five, and not competition, so they will keep working together. BlackRock said it plans no major changes to the way it engages with companies. Reporting by Baranjot Kaur in Bengaluru; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.
☆ BlackRock org chart: The 150 most powerful people under CEO Larry Fink as succession planning looms
  + stars: | 2023-05-12 | by ( Rebecca Ungarino | ) www.businessinsider.com   time to read: +4 min
Insider built an org chart showing the most senior executives under BlackRock CEO Larry Fink. To provide a window into the current power structure, Insider has mapped out the roughly 150 most senior BlackRock executives. This week, the firm overhauled its alternative-investments business and made changes to the makeup of its Aladdin business, two core BlackRock offerings. "We are spending a great deal of time at BlackRock getting the firm ready for when the founders are retiring. Investment stewardship head Joud Abdel Majeid and Willie Alford, Fink's new chief of staff, are among the executives who report to Fink.
☆ BlackRock is wrestling with who could succeed Larry Fink. Here's who's now in the running.
  + stars: | 2023-05-12 | by ( Rebecca Ungarino | ) www.businessinsider.com   time to read: +8 min
Investment giant BlackRock has been planning for CEO Larry Fink's succession for years. Leadership has discussed BlackRock cofounder Susan Wagner as someone who could succeed Fink if the board does not have a clear candidate. For years, BlackRock has been planning for Chief Executive Larry Fink's succession, a torch-passing the industry has long speculated over. BlackRock has become shorthand for the intense backlash from primarily Republican lawmakers over sustainable investment strategies that Fink has championed as CEO. Goldstein, 49, is a BlackRock lifer and has been chief operating officer for nearly a decade.
☆ Recasting the upcoming GameStop movie: Here's who should play Ken Griffin, Steve Cohen, and the rest of the gang
  + stars: | 2023-04-27 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +6 min
Wall Street is getting the Hollywood treatment again. - Paul Giamatti as AMC's Adam Aron (This guy knows his way around Wall Street.) For more on the upcoming GameStop movie, including who is set to play the "pot-smoking retail trader," click here. Here's why the rest of Wall Street might be motivated to help First Republic. Meet the new generation of the ultra-rich on Wall Street.
☆ Why Michael Bloomberg is the keeper of the keys on Wall Street
  + stars: | 2023-04-21 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
Bloomberg deals in data — via its ubiquitous terminal — which serves as the lifeblood of Wall Street. (A funny nugget from the FT story: Bloomberg is not part of the Bloomberg Billionaires Index. In many ways, the Bloomberg terminal is the cockroach of Wall Street. Tiger Global's down bad. Here's more on Tiger Global's unique approach to investing in startups and why it backfired.
☆ BlackRock CEO Larry Fink sells 7% of his stake
  + stars: | 2023-04-21 | by ( ) www.reuters.com   time to read: +1 min
April 21 (Reuters) - BlackRock Inc (BLK.N) Chief Executive Officer Larry Fink sold nearly 7% of his stake in the asset management giant, netting proceeds of about $25 million. The sale was disclosed in a filing with the U.S. Securities and Exchange Commission on Thursday. Turmoil in the markets, like the one sparked by the banking crisis last month, can present "enormous opportunities" for BlackRock, Fink said last week. Shares of BlackRock, which makes most of its money from fees on investment advisory and administration services, gained nearly 3% since the banking turbulence began last month. Reporting by Niket Nishant in Bengaluru; Editing by Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.
☆ Apple continues to quietly build on its fintech ambitions
  + stars: | 2023-04-18 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +6 min
In payments, specifically, its made progress via Apple Pay, the Apple Wallet, and the Apple Card. On Monday, Apple took another step deeper into financial services, announcing the launch of a high-yield savings account (4.15%) via its Apple Card. And now, as Goldman tries to salvage what's left of its consumer dreams, Apple continues to roll on. What's not clear, though, is what type of terms Goldman gets for serving as the back-end partner partner. Click here to read more about the top eight executives shaking up payments, including a key leader at Apple Pay.
☆ Bank of America CEO Brian Moynihan says inflation signs are 'tipping down,' but there's still a mild recession headed for the US economy
  + stars: | 2023-04-18 | by ( Morgan Chittum | ) www.businessinsider.com   time to read: +2 min
Bank of America's CEO predicted the US economy will fall into a "slight recession." Brian Moynihan told investors that he sees signs of inflation "tipping down" during an earnings call. "Everything points to a relatively mild recession given the amount of stimulus that was paid to people and the money they have left over." "Everything points to a relatively mild recession given the amount of stimulus that was paid to people and the money they have left over," Moynihan told investors on Tuesday. "And then the wage growth is slowing and tipping over so the signs of inflation are tipping down and it's still there but that translates into relatively good activity, so we see a slight recession."
☆ Millennium's new Miami-based engineering program is the latest shot in hedge fund's war for young tech talent
  + stars: | 2023-04-17 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +4 min
Insider's Bianca Chan has a first look at Millennium Management's new engineering training program for its Miami office. Click here to read more about Millennium's new training program for engineers in Miami. JPMorgan's Jamie Dimon, BlackRock's Larry Fink, Citigroup's Jane Fraser, and Wells Fargo's Charlie Scharf shared thoughts on the banking crisis during their respective earnings calls. The world's largest money manager is open to making some deals in the wake of the banking crisis. Despite all the chatter on the recent banking crisis, JPMorgan's CEO still had thoughts on the state of the wider economy.
☆ Premarket stocks: JPMorgan steals the show as banks lift curtain on earnings
  + stars: | 2023-04-17 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +7 min
All beat estimates: PNC (PNC) and Wells Fargo (WFM) by about 9%, Citi by around 13% and JPMorgan (JPM) by nearly 21%. PNC stock also felt the pressure. Before the Bell spoke with Steve Sosnick, chief strategist at Interactive Brokers, to discuss Friday’s big bank earnings and explain that stock discrepancy. I’ve always complained about banks reporting their quarterly earnings first because they’re extraordinarily idiosyncratic. Why did JPMorgan stock outperform its competitors?
☆ BlackRock CEO Larry Fink's pay dropped by 30% to $25 million in 2022, making him the latest corporate leader to take a pay cut amid recession fears
  + stars: | 2023-04-17 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +3 min
BlackRock CEO Larry Fink took a 30% pay cut last year, pocketing a total of $25.2 million. Apple's Tim Cook, Goldman Sach's David Solomon, and Google's Sundar Pichai are other CEOs taking pay cuts. Fink — who co-founded BlackRock in 1988 — made $36 million in 2021. While Fink's pay — before and after his 2022 pay cut — is still quite significant, it's far from the top of the CEO pay scale in the US. Amazon CEO Andy Jassy's pay dropped to $1.3 million in 2022 from $212.7 million in 2021, Insider reported Friday.
☆ BlackRock first-quarter profit beats on robust inflows
  + stars: | 2023-04-14 | by ( ) www.reuters.com   time to read: +1 min
Net inflows for the first quarter were at $110 billion, compared with $86 billion a year earlier. "I believe today's crisis of confidence in the regional banking sector will further accelerate capital markets growth, and BlackRock will be a central player," BlackRock Chief Executive Larry Fink said. BlackRock, which makes most of its money from fees charged for investment advisory and administration services, reported an adjusted profit of $7.93 per share. Analysts had estimated a profit of $7.76 per share, according to Refinitiv IBES data. Reporting by Jaiveer Singh Shekhawat in Bengaluru and Davide Barbuscia in New York; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.
☆ BlackRock's Larry Fink says he doesn't expect 'big recession' in the U.S.
  + stars: | 2023-04-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlackRock's Larry Fink says he doesn't expect 'big recession' in the U.S.Larry Fink, BlackRock chairman and CEO, joins 'Squawk on the Street' to discuss money leaving the banking system in to the capital markets, changing payments with digitizing currency, and interest rates remaining higher for longer.
☆ Inflation will be 'stickier for longer' and hit floor of 4%, says BlackRock's Larry Fink
  + stars: | 2023-04-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation will be 'stickier for longer' and hit floor of 4%, says BlackRock's Larry FinkLarry Fink, BlackRock chairman and CEO, joins 'Squawk on the Street' to discuss money leaving the banking system in to the capital markets, changing payments with digitizing currency, and interest rates remaining higher for longer.
☆ Watch CNBC's full interview with BlackRock's Larry Fink on earnings, ESG investing, and recession risks
  + stars: | 2023-04-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with BlackRock's Larry Fink on earnings, ESG investing, and recession risksLarry Fink, BlackRock chairman and CEO, joins 'Squawk on the Street' to discuss money leaving the banking system in to the capital markets, changing payments with digitizing currency, and interest rates remaining higher for longer.
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