Reported about 14 hours ago
The Federal Deposit Insurance Corporation (FDIC) has set a new deadline of February 10 for BlackRock to address oversight issues related to its investments in FDIC-regulated banks. This follows BlackRock's failure to meet a prior deadline, and the FDIC may launch an investigation if sufficient progress is not made. Tensions have been rising as BlackRock negotiates its oversight agreement, similar to one already established by Vanguard Investments.
Source: YAHOO