BlackRock’s profit soars 21%

BlackRock pumped out a lot more black ink as the financial markets staged a quick comeback. The world’s largest asset manager said Friday quarterly profit jumped 21%.

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In This Story: BlackRock

BlackRock, Inc. (NYSE: BLK) is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world’s largest asset manager, with $7.4 trillion in assets under management as of end-Q4 2019.

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