BlackRock

PNC open to deal that would boost assets to $700 billion, CEO says

06/09/20

Flush with capital from the sale of its stake in BlackRock, PNC is willing to go big on an acquisition but would be wary of buying a bank with a heavy concentration of consumer loans, CEO William Demchak said.

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Pad reserves or buy out a rival? BlackRock haul gives PNC options

05/15/20

The Pittsburgh company’s sale of its stake in the asset manager yielded billions of dollars that could cushion the pandemic’s economic blow and eventually help fund a big acquisition.

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PNC to divest large stake in BlackRock

05/11/20

The Pittsburgh company has owned a 22% position in the money manager since 1995.

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Goldman to share code with developers; Mastercard’s digital ID blueprint

04/03/19

Firm “hopes to crowdsource new uses for” its pricing and analysis system; the system could be put on a device and used anywhere to cut down on fraud.

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More fallout from rising rates?; BlackRock looks ahead

01/10/19

Housing and auto sales are just the first sectors to feel pain from rising rates; BlackRock may have identified its next CEO.

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OCC names Senate Banking lawyer its No. 2

12/26/18

Jonathan Gould, the committee's chief counsel, has been hired by the Office of the Comptroller of the Currency as senior deputy comptroller and chief counsel.

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Why advisors need to fix clunky tech

12/07/18

The digital customer experience is getting better. Firms should take notice.

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BlackRock looks south; CFPB hits ‘abusive’ payday lender

10/26/18

The money manager plans a big expansion in Atlanta; agency makes now rare determination that debt-collection practices were “abusive.”

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Where banks stumble in the competition for top tech talent

09/07/18

Financial firms need to focus developer teams on creating products, not fixing legacy IT issues and bad code.

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