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Sinead Cruise

BlackRock, partners eye initial $500 million for climate fund

22 Jan 2020

LONDON A BlackRock-backed group aims to raise an initial $500 million for a private equity fund that will invest in climate change-linked infrastructure upgrades in emerging markets. | Video

DAVOS-BlackRock, partners eye initial $500 mln for climate fund

22 Jan 2020

LONDON, Jan 22 A BlackRock-backed group aims to raise an initial $500 million for a private equity fund that will invest in climate change-linked infrastructure upgrades in emerging markets.

BlackRock vows tougher stance on climate after activist heat

14 Jan 2020

LONDON/BOSTON BlackRock Chief Executive Larry Fink warned company boards to step up efforts to tackle climate change, a significant shift by the world's top asset manager as it faces mounting concerns about its fossil fuel investments. | Video

Deadline to end use of Libor in doubt as banks stall on software changes

13 Jan 2020

LONDON Many banks in Britain are unlikely to hit an October deadline to stop writing loans tied to the discredited Libor benchmark as they grapple with upgrading to crucial new software that allows them to use replacement reference rates, industry sources said.

Climate activists look for a tougher BlackRock in 2020

23 Dec 2019

BOSTON/LONDON Pressure on BlackRock Inc's record on climate issues may be having an effect as the world's largest asset manager weighs firming up its interactions with portfolio companies.

Woodford meeting Chinese investors for early-stage assets - source

19 Dec 2019

Veteran British money manager Neil Woodford is now looking to expand his presence in China, a person familiar with the matter said on Wednesday, months after he was forced to suspend his flagship equity fund.

Auditors called to account as UK review proposes fraud foiling role

18 Dec 2019

LONDON British accountants could be required to look for fraud at companies they audit under proposals made in a government-backed review of recent corporate scandals which went undetected.

RBS, Lloyds shares hit by stress tests, new capital rules

17 Dec 2019

LONDON Shares in Lloyds and Royal Bank of Scotland tumbled on Tuesday after failing to impress in the 2019 stress test of Britain's biggest banks, while new capital rules are expected to hit their multi-billion pound investor payout plans.

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