The FDIC has asked BlackRock to sign by Jan. 10 a so-called "passivity agreement" that would codify greater checks on the money manager’s holdings of FDIC-supervised lenders, according to people ...

Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump administration takes over later this month.

BlackRock, Inc. BLK has been informed by the Federal Deposit Insurance Corporation (“FDIC”) that it has until Jan. 10, 2025, to accept the “passivity agreement”. This was reported by a ...

BlackRock has been reportedly given until 10 February to address concerns from the Federal Deposit Insurance Corporation (FDIC) regarding its investments in FDIC-regulated banks, reported Bloomberg.

He said in the letter that BlackRock's understanding is that the agreement between the FDIC and Vanguard was reached only after several months of negotiation. An individual familiar with the matter ...

The move came after the regulator requested information from BlackRock, State Street Global Advisors, and Vanguard in August. (In July, the FDIC board approved proposals to amend changes to the ...

The FDIC had set a Jan. 10 deadline for BlackRock to sign an agreement. But in a letter to the agency, the company asked for an extension until at least March 31, saying it had only two weeks to ...

BlackRock faced a Friday deadline to sign an agreement with the FDIC, the federal agency that insures deposits and regulates financial institutions. In a letter to the agency, the company asked ...

BlackRock also was granted more time to resolve a standoff with the Federal Deposit Insurance Corporation (FDIC) over its holdings of US banks, ensuring that the dispute will now play out in the ...