A standoff between BlackRock and the FDIC is dragging into 2025 https://t.co/C4ufqTNgAi by @DsHollers
A standoff between BlackRock and FDIC is dragging into 2025 https://t.co/UVZMpHGMj7 by @DsHollers
Le régulateur américain veut mieux contrôler les participations bancaires des gestionnaires passifs. Vanguard vient de passer un accord à ce sujet avec la FDIC, tandis que BlackRock est sous pression pour faire de même. #AssetManagement https://t.co/dG8fDJ2xoR

BlackRock is facing increasing scrutiny from the Federal Deposit Insurance Corporation (FDIC) regarding its investments in FDIC-regulated banking institutions. The FDIC has set a deadline of January 10, 2025, for BlackRock to accept an agreement that would enhance regulatory oversight of its bank stakes. This situation arises as the FDIC has recently reached a settlement with Vanguard over similar concerns. Observers note that BlackRock's Secondaries and Liquidity Solutions group may be implicated in broader issues of regulatory compliance. The potential clash between BlackRock and the FDIC is anticipated to extend into early 2025, raising concerns over the asset manager's future dealings with banking entities.