The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when ...

We’re pleased to resolve this matter,” a BlackRock spokesperson told ESG Dive. The agreement dismisses the state’s 2023 ...

Financial institutions are backing away from publicly aligning their investments with ESG goals, and now is the time to hold ...

"We request SEC and DoL take decisive action to uphold fiduciary duty laws," 22 state financial officers demanded in a letter ...

In the case of Spence vs. American Airlines Inc. et al., U.S. District Court Judge Reed O’Connor, Fort Worth Texas, ruled on ...

American Airlines' retirement plan management is under scrutiny after a recent ruling by a federal judge. The ruling has ...

Bank of America, BlackRock, Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley were all asked about their plans for ...

Many state plans confirm their climate-forward and sustainable investing initiatives as BlackRock retreats from its ...

For its part, BlackRock said in response to O’Connor’s ruling that it acts “independently and with a singular focus on what’s in the best financial interests of our clients. Our only agenda is ...

On January 10, 2025, the U.S. District Court for the Northern District of Texas (the “Court”) held, in Spence v. American Airlines, Inc., ...

Sustainability” investments became popular a few years back. So-called experts said companies shouldn’t just focus on profit.