BlackRock is hunting for “transformational” opportunities created by the recent banking turmoil and market dislocation, chief executive Larry Fink said on Friday as the world’s largest money manager reported assets under management had recovered to $9.1tn.
“If there is an opportunity to do something transformational, we are going to be prepared to do it,” he told analysts. “How can we double down on what we’re doing with . . . technology. How can we build out our footprint globally at this time?”
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