Bloomberg News

Fink Says BlackRock to Fare Better Than Peers If More Regulation

June 04, 2013

BlackRock Inc.’s (BLK:US) Laurence D. Fink, head of the world’s largest asset manager, said his firm would fare better than peers if asset managers become more regulated.

“We already have tremendous regulatory oversight,” Fink, chief executive officer of New York-based BlackRock, said today during the Deutsche Bank dbAccess Global Financial Services Investors Conference. “I’m certainly not feeling the pressure that banks may feel in terms of too big to fail.”

To contact the reporter on this story: Alexis Leondis in New York at aleondis@bloomberg.net

To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net


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Companies Mentioned

  • BLK
    (BlackRock Inc)
    • $331.75 USD
    • -1.86
    • -0.56%
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