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China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

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Skip Navigation LinksHome :: Breaking news: BlackRock's Fink on consolidation and BGI

Friday, June 12, 2009

Breaking news: BlackRock's Fink on consolidation and BGI

by Erica Jeffery

BlackRock announced it has executed a purchase agreement to acquire Barclays Global Investors, making the resulting company, BlackRock Global Investors, the world's largest fund manager.


Larry Fink, chairman and CEO, spoke with Euromoney about industry consolidation and what a transformational deal such as BGI would mean for BlackRock.BGI adds...


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