The pioneer who fought his way to the top
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Larry Fink wants BlackRock to be one of the key names in finance for the future. Consolidation of investment managers – possibly including BGI – may achieve that goal. But his firm’s influence on the present is already great, as adviser of choice to banks and governments alike on problem assets totalling $7 trillion |
BLACKROCK’S CO-FOUNDER AND chief executive Laurence Fink says the fund management industry is on the brink of a new and far-reaching round of consolidation.
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