Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly ...

Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump ...

The lawsuit filed in 2023 alleged unfair impact on the asset management giant's non-ESG funds due to its involvement in ...

The Tennessee lawsuit was the first by a GOP official against an investment firm for its ESG strategy. In November, BlackRock ... also were the focus of a report last month from the GOP-led ...

The Tennessee lawsuit was the first by a GOP official against an investment firm for its ESG strategy. In November, BlackRock, along with Vanguard ... The three largest money managers also were the ...

Sustainable investing-focused mutual funds and exchange-traded funds suffered a severe beating in 2024, producing record ...

The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.

Asset manager BlackRock agreed to new disclosure requirements about its use of sustainable-investment factors as part of a ...

BlackRock and the state of Tennessee reached a settlement over a lawsuit about the firm’s handling of ESG goals. REUTERS Under the settlement, BlackRock will be subject to increased transparency ...

The resolution is the latest step by New York-based BlackRock and by other firms to move away from environmental, social or governance measures. An anti-ESG backlash has gathered force among ...