Big banks have capitulated to Republicans opposed to responsible investing, opening themselves to more political extortion.

Facing pressure from anti-ESG advocates, BlackRock withdrew from the Net Zero Asset Managers initiative, a coalition of roughly 325 asset managers overseeing $50 trillion in assets committed to ...

Earlier this week, BlackRock (BLK) reported record fourth-quarter and full-year earnings results as the world’s largest asset manager continued to fire on all cylinders, reaching an eye-watering ...

Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the ... laws by making “misleading” statements about its ESG investment strategy. “This resolution assures that the ...

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 ...

President Donald Trump will get blamed for many things, but the pushback on ESG shouldn’t be one of them. Recent decisions by large US financial institutions BlackRock and JPMorgan to join other ...

U.S. states have withdrawn billions of dollars from Blackrock due to concerns about ESG. These changes are welcome corrections to the flawed and deeply ideological goals of ESG advocates.

The Tennessee lawsuit was the first by a GOP official against an investment firm for its ESG strategy. In November, BlackRock, along with Vanguard Group Inc. and State Street Corp., was sued by ...

The court found it apparent that the plan fiduciaries failed to question BlackRock’s ESG activities, either because the plan sponsor’s corporate objectives were aligned with BlackRock’s ESG ...

Michael Nagle / Bloomberg via Getty Images BlackRock's assets under management surged 15% year-over-year to $11.55 trillion. The asset manager beat estimates for earnings and revenue in the period.

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